Icaew law Study guides, Class notes & Summaries

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...

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

Chapter 03 International Convergence of Financial Reporting Multiple Choice Questions 1. According to Sir Bryan Carsberg, former IASC Secretary-General, what is the most significant cost of accounting diversity? A) The time expended by accountants to create multiple sets of financial statements conforming to different national standards B) The cost of the IASB to regulate compliance with many national accounting standards C) The reduction in effectiveness of the international m...

QUESTIONS AND ANSWERS

ICAEW ACA Law Question and answers 2024 verified to pass Contract - CORRECT ANSWER - An agreement which legally binds the parties What are the essential elements of a contract - CORRECT ANSWER - Offer and acceptance, agreement. Intention to create legal relationship consideration. Standard form contract - CORRECT ANSWER - 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 ...

These are in depth Law notes that cover the entire module, they use the Kaplan workbook, study guide and key points from the question bank. They are extensive and can be used as a replacement to both the QB and Workbook (so only having one document, instead of multiple). These were written by me (A PwC Associate, and have been passed around the entire office, this year and last year! with nobody failing!)

These are my summary notes for the ICAEW Certificate Level Exam. It merges the workbook, study guide, question bank and other key points. There is one page (approximately) on each chapter and should be used after going over my revision notes multiple times (so once confident on the content). Written by me (a PwC Associate and used by myself and many other PwC associates!)

Summary of Law for Accounting. Notes for ICAEW Law exam