zohaiby2k - 10 Nov 2007, 01:13 pm
FTC
Following are the Exam Tips by FTC Kaplan that are likely to apper in December 2007 sitting of F4 Corporate and Business Law.
English Legal system - Interpretation of statutes and Human Rights
Contract - Formation and remedies.
Tort - Negligence
Employment - Dismissal
Partnership - authority of partners
Company Law
- Doctrine and veil of incorporation,
- Memo and articles
- Capital Maintenance
- Directors
Corporate Governance
Fraudulent Behaviour
Marcus Evans
Legal system
Law of obligations
Employment law - employees v independent contractors
Types of dismissal - wrongful v unfair and remedies
Formation and constitution of business organisations
Capital and financing Management
Administration and regulation of companies
Insolvency
Governance
BPP
Use the following tips as important areas to cover but remember that no one knows what is in the exam, apart from the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.
English Legal System:
This will always feature as the first question in the exam; the most examinable areas being Court Structures, Legal Precedent and the Interpretation of Statute.
The Law of Obligations:
At least two questions will be drawn from this wide ranging area – so expect an application as well as a knowledge style question. The basics of contract covering offer, acceptance, consideration and intention have been a frequent source of questions as well as remedies and breach of contract.
The Law of Tort is new to ACCA law, and questions are likely to feature a small element on Accountants and Auditors – ensure you are familiar with the meaning of the Caparo and Hedley Byrne cases.
Agency and Partnerships
Most examinable in these areas are the rights and duties of agents and partners as well as the distinction between simple and limited liability partnerships.
Company Law
Given it sheer size in the syllabus at least 2 maybe 3 questions will be drawn from this area. Company formation and legal personality are core areas, along with the duties of directors and the rules governing meetings and resolutions. Questions may be of knowledge of application type.
Capital maintenance and Finance
Capital maintenance is highly unlikely to be tested frequently, however it is expected that either share or loan capital (including fixed and floating charges) will be tested at every sitting.
Employment Law
The examiner has stated that he would like to test this at every sitting; however it may occasionally be omitted due to the breadth of the syllabus. Likely areas to be examined are the distinction between employees and self-employed (including how their status is determined), and types of dismissal (wrongful, unfair and redundancy) including the remedies that may be awarded. Questions may be of knowledge of application type.
Ethics and Corporate Governance
Another new area for ACCA law the pilot paper question seems a likely template for questions in this area, focusing on the impact of Corporate Governance on listed companies in the UK and the role of Non-Executive Directors.
Insolvency
Likely to be tested every second or third sitting. The examiner has traditionally tested the distinction between compulsory and voluntary liquidation or; the differences between members’ and creditors’ voluntary liquidations.
Fraudulent Behaviour
It is likely there will always be a question in this area, and these could be of the application variety as well as knowledge questions. Alternate sittings are likely to test Money Laundering, Insider Dealing and Wrongful/Fraudulent Trading. Money Laundering seems most likely in December 2007.
Following are the Exam Tips by FTC Kaplan that are likely to apper in December 2007 sitting of F4 Corporate and Business Law.
English Legal system - Interpretation of statutes and Human Rights
Contract - Formation and remedies.
Tort - Negligence
Employment - Dismissal
Partnership - authority of partners
Company Law
- Doctrine and veil of incorporation,
- Memo and articles
- Capital Maintenance
- Directors
Corporate Governance
Fraudulent Behaviour
Marcus Evans
Legal system
Law of obligations
Employment law - employees v independent contractors
Types of dismissal - wrongful v unfair and remedies
Formation and constitution of business organisations
Capital and financing Management
Administration and regulation of companies
Insolvency
Governance
BPP
Use the following tips as important areas to cover but remember that no one knows what is in the exam, apart from the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.
English Legal System:
This will always feature as the first question in the exam; the most examinable areas being Court Structures, Legal Precedent and the Interpretation of Statute.
The Law of Obligations:
At least two questions will be drawn from this wide ranging area – so expect an application as well as a knowledge style question. The basics of contract covering offer, acceptance, consideration and intention have been a frequent source of questions as well as remedies and breach of contract.
The Law of Tort is new to ACCA law, and questions are likely to feature a small element on Accountants and Auditors – ensure you are familiar with the meaning of the Caparo and Hedley Byrne cases.
Agency and Partnerships
Most examinable in these areas are the rights and duties of agents and partners as well as the distinction between simple and limited liability partnerships.
Company Law
Given it sheer size in the syllabus at least 2 maybe 3 questions will be drawn from this area. Company formation and legal personality are core areas, along with the duties of directors and the rules governing meetings and resolutions. Questions may be of knowledge of application type.
Capital maintenance and Finance
Capital maintenance is highly unlikely to be tested frequently, however it is expected that either share or loan capital (including fixed and floating charges) will be tested at every sitting.
Employment Law
The examiner has stated that he would like to test this at every sitting; however it may occasionally be omitted due to the breadth of the syllabus. Likely areas to be examined are the distinction between employees and self-employed (including how their status is determined), and types of dismissal (wrongful, unfair and redundancy) including the remedies that may be awarded. Questions may be of knowledge of application type.
Ethics and Corporate Governance
Another new area for ACCA law the pilot paper question seems a likely template for questions in this area, focusing on the impact of Corporate Governance on listed companies in the UK and the role of Non-Executive Directors.
Insolvency
Likely to be tested every second or third sitting. The examiner has traditionally tested the distinction between compulsory and voluntary liquidation or; the differences between members’ and creditors’ voluntary liquidations.
Fraudulent Behaviour
It is likely there will always be a question in this area, and these could be of the application variety as well as knowledge questions. Alternate sittings are likely to test Money Laundering, Insider Dealing and Wrongful/Fraudulent Trading. Money Laundering seems most likely in December 2007.