Exactprep BA4 Questions

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Question 64

Which of the following is correct?

(i) The Court of Appeal is bound by obiter dicta of the Supreme Court.

(ii) The High Court is bound by a Supreme Court ratio decidendi.

(iii) A ratio decidendi of the Court of Appeal is binding on the High Court.

Options:

(i) only

(i) and (ii) only

(ii) and (iii) only

(i), (ii) and (iii).

Question 65

Which of the following is correct in relation to Section 14 of the Sale of Goods Act 1979 which implies a term into contracts for the sale of goods that the goods supplied will be of “satisfactory quality.”

(i) A breach of Section 14 enables the innocent buyer to cancel the contract and claim damages.

(ii) The parties to a contract for the sale of goods can choose to exclude Section 14.

(iii) Section 14 applies to contracts for the sale of new goods only and does not apply to sales of second-hand goods

Options:

(i) only

(i) and (ii) only

(ii) only

(ii) and (iii) only

Question 66

You have been charged with the task of reviewing the CSR report for your company, GHI. Which of the following aspects of the report represent a lack of compliance with the Global Reporting Initiative G4 Sustainability Reporting Guidelines?

Options:

The CSR report reflects GHI's significant economic, environmental and social impact

The CSR report includes both positive and negative aspects of GHI's performance for the year

The CSR report presents information using visual aids that improve the accessibility and understand ability of the information for stakeholders.

The CSR report is compiled and published only when material developments within GHI policies and achievements become available to warrant the expense of producing a new report

Question 67

Which of the following type of committee is NOT required by the UK Combined Code?