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The Answers are confused

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › The Answers are confused

  • This topic has 9 replies, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 10 posts - 1 through 10 (of 10 total)
  • Author
    Posts
  • November 26, 2015 at 1:06 am #285316
    aloeryy
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Dear Mike,

    I have different thoughts about the answers, please help me and thank you in advance.

    1. In relation to a debenture, which one is not ture?

    a it may be issued at a discount
    b interest on it may be paid from capital
    c it is paid after preference share
    d it is freely transferable

    is that correct answer is C or D?

    2. which of the following are ordinary partnerships UNABLE to create in relation to their property?

    a mortgages
    b fixed charges
    c floating charges

    is that correct answer is B or C?

    Thank you Sir!

    Best regards

    Ann

    November 26, 2015 at 9:11 am #285383
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22699
    • ☆☆☆☆☆

    1) c
    2) c

    November 26, 2015 at 5:49 pm #285532
    aloeryy
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Thank you sir, Kaplan got wrong answers

    November 27, 2015 at 8:46 am #285651
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22699
    • ☆☆☆☆☆

    You’re welcome

    November 29, 2015 at 10:42 pm #286250
    aloeryy
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Dear Mike,

    I tried the following questions from your mock MCQ, would you tell me is there any differences between these 2 question?

    1.When a public company wishes to pass an ordinary resolution at an”other general meeting” to appoint a
    director celebrating her 72nd birthday how many days’ notice should normally be given? 21 days

    2.When a public company wishes to pass an ordinary resolution at an”other general meeting” to appoint a
    director celebrating her 57th birthday how many days’ notice should normally be given? 14 days

    Best regards

    Ann

    November 29, 2015 at 10:56 pm #286256
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22699
    • ☆☆☆☆☆

    Both correct

    November 29, 2015 at 11:21 pm #286260
    aloeryy
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Sure, is that because, appointed a director age 72 as re-elected by AGM but 57th is new appointments

    November 30, 2015 at 12:33 am #286264
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22699
    • ☆☆☆☆☆

    No, it’s because 57 is younger than the age where special notice is required to pass the ordinary resolution

    November 30, 2015 at 7:46 pm #286534
    aloeryy
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    I see, thanks Mike!

    November 30, 2015 at 8:23 pm #286546
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22699
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
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