Company A has recently been having problems matching the views of its employees to its own. Which of the following might help their situation? Select ALL that apply.
Which of the following statements is INCORRECT?
(i) A counter offer has the legal effect of destroying the original offer and putting another offer in its place.
(ii) For an agreement to be valid at law, the offer and the acceptance must be in the same form.
(iii) Agreements made by email are unenforceable at law.
X Ltd has entered into a number of contracts with Y Ltd. In which of the following situations could the directors be held personally liable for the debts contracted with Y Ltd?
(i) X Ltd has continued to trade at a time when insolvency appeared inevitable
(ii) X Ltd has become insolvent and is unable to pay its debts to Y Ltd
(iii) X Ltd has contracted for a purpose not specified in its articles of association
DGH is a company operating in the oil and gas industry, which is heavily regulated. The government is considering introducing a new law which is likely to result in a dramatic cut in profitability for DGH.
Which of the following is NOT a legitimate method for DGH to influence government policy in its own best interests?
Which of the following terms can be defined as follows?
"...the way an organization manages its relationships"
Alongside technical competence what, for example, should the management accountant ask themselves?
Which of the following is correct in relation to the control of boards of directors of public limited companies?
i. The boards of public limited companies are under the legal control of the shareholders
ii. The majority of the shares in public limited companies are held by institutional investors who are more concerned with capital growth and income than the internal management of public limited companies
iii. As a general rule, private investors in the shares of public limited companies have insufficient power to influence the activities of the board.
TESTED 22 Feb 2025
