Icaew law Study guides, Class notes & Summaries

Icaew law chapter 7 Question and answers 100% correct 2024 Share - correct answer A member’s stake in a company's share capital Name the two most common types of shares - correct answer Preference shares and ordinary shares Describe a share - correct answer A transferable form of personal property, carrying rights and obligations, by which the interest of a member of a company limited by shares is measured. Shareholder - correct answer A member of a company who holds one or more ...

ICAEW Law questions with correct answers

ICAEW ACA LawWhat is the difference between civil law and criminal law? civil law: claimant and defendant criminal law: prosecution and accused true or false: the party brining a civil case to court is known as the prosecution false what is the party in court who is charged with a criminal offence known as? the defendant To what contract would the UN Convention on Contracts for the International Sale of Goods (UNCISG) apply? the sale of commercial vans from a manufacturer in ...

ICAEW ACA Law Actual Real Tested Questions And Correct Answers 100% What is the difference between civil law and criminal law? ANSWER : civil law: claimant and defendant criminal law : prosecution and accused True or false: the party brining a civil case to court is known as the prosecution ANSWER : false What is the party in court who is charged with a criminal offence known as? ANSWER : the defendant To what contract would the UN Convention on Contracts for the International ...

ICAEW ACA Law Actual Real Tested Questions And Correct Answers 100% When does UNCISG apply? ANSWER : When parties have their place of business in different states What is an obligation of the seller under the UNCISG? ANSWER : to deliver goods of quality set out in the contract deliver goods on time To comply with Sharia law, should savings and lending arrangements avoid payment of interest? ANSWER : yes Under sharia law, what is riba? ANSWER : the concept of unlawful gain What...

ICAEW law - study manual. TEST BANK ALL QUESTIONS AND ANSWERS, VERIFIED/ Contract - -An agreement which legally binds the parties What are the essential elements of a contract - -Offer and acceptance, agreement. Intention to create legal relationship consideration. Standard form contract - -A standard document prepared by many large organisations and setting out the terms on which they contract with their customers. Prepared by the dominant party which the other party has no choice ...

ICAEW ACA LAW EXAM LATES UPDATE CORRECTLY VERIFIED QUESTION AND ANSWERS RATED 100%

ICAEW Commercial/Company Law Exam Review Questions with complete Answers 2023/2024 What is the difference between civil law and criminal law? - correct answer Civil law: claimant and defendant Criminal law: prosecution and accused True or false: the party brining a civil case to court is known as the prosecution False What is the party in court who is charged with a criminal offence known as? - correct answer The defendant To what contract would the un convention on contracts...

ICAEW Fundamentals of Company law study review Questions and Answers 2023/2024 Features of criminal law - correct answer 1) state disapproves the conduct 2) purpose - enforcement of particular forms of behavior 3) case brought by the state 4) burden of proof: on prosecution 5) standard of proof: high standards 6) object: to regulate society by the threat of punishment 7) penalties: fine or imprisonment Features of civil law - correct answer 1) private law 2) purpose - to resolve ind...

ICAEW Commercial law study guide questions and correct Answers 2023/2024 What does void mean and when are contracts void? correct answer That there is no valid contract and goods should be returned; - illegality (must not be illegal or against public policy) What does voidable mean and when are contracts voidable? - correct answer The contract can be ignored by the 'injured' party; - lack of capacity (due to age or sound of mind) - lack of free will (duress or undue influence) - mi...