Acca F4eng Notes j15

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ACCA Paper
F4
Ju Lec
ne tu
20 re
15 No
ex tes
am
s
Corporate &
Business Law
(English variant)
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June 2015 Examinations
Paper F4
Paper F4
CONTENTS
1
Structure of The Legal System
Courts
Statute Law
15
Contract Law
21
Common Law
39
Law of Tort
43
Employment Law
49
Agency Law
57
Partnership
61
10
Company Law
67
11
Company Law: Directors and Officers
85
12
Company Law: Meetings and Resolutions
101
13
Company Law: Loan Capital
109
14
Company Law: Liquidations
115
15
Company Law: Illegalities
123
16
Capital Maintenance
133
Cases
141
Test Answers
153
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Paper F4
Chapter 1
STRUCTURE OF THE LEGAL SYSTEM

Civil Law
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Criminal Law
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Paper F4
Chapter 1
Common Law
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Paper F4
Chapter 1
Equity Law
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Paper F4
Chapter 1
Ratio Decidendi
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Paper F4
Chapter 1
Human Rights Act
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Paper F4
Chapter 1
Paper F4
Chapter 1
Test
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Paper F4
Chapter 1
Chapter 2
COURTS
Hierarchy of the Courts
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COURTS
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Paper F4
Chapter 2
Tracking
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Paper F4
COURTS
Chapter 2
Test
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13
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COURTS
Paper F4
Chapter 2
15
Chapter 3
STATUTE LAW
Statute Law
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16
STATUTE LAW
Statutory Interpretation Rules
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Paper F4
Chapter 3
STATUTE LAW
Statutory Interpretation Presumptions
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Paper F4
Chapter 3
17
18
STATUTE LAW
Aids to Interpretation
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Paper F4
Chapter 3
Paper F4
STATUTE LAW
Chapter 3
Delegated Legislation
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19
20
STATUTE LAW
Paper F4
Chapter 3
Test
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21
Chapter 4
CONTRACT LAW
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22
CONTRACT LAW
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Paper F4
Chapter 4
CONTRACT LAW
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CONTRACT LAW
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CONTRACT LAW
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41
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COMMON LAW
Paper F4
Chapter 5
43
Chapter 6
LAW OF TORT
Types of Tort
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LAW OF TORT
Paper F4
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45
46
LAW OF TORT
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47
48
LAW OF TORT
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(2 marks)
49
Chapter 7
EMPLOYMENT LAW
Employment Law
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EMPLOYMENT LAW
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Chapter 7
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EMPLOYMENT LAW
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53
54
EMPLOYMENT LAW
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Paper F4
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55
56
EMPLOYMENT LAW
Paper F4
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57
Chapter 8
AGENCY LAW
Formation and Authority
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AGENCY LAW
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59
60
AGENCY LAW
Paper F4
Chapter 8
61
Chapter 9
PARTNERSHIP
Partnership Law
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62
PARTNERSHIP
Paper F4
Chapter 9
The Agreement
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Dissolution Grounds Automatic and By Court Order
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LPA 1907 and LLPA 2000
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PARTNERSHIP
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Chapter 9
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67
Chapter 10
COMPANY LAW
Types of Corporation and Ways of Formation
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Paper F4
COMPANY LAW
Chapter 10
Types of Company
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Paper F4
COMPANY LAW
Chapter 10
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Advantages of Being a Company as Distinct From a Partnership
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Chapter 10
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Paper F4
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Chapter 10
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COMPANY LAW
Chapter 10
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Paper F4
COMPANY LAW
Chapter 10
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Chapter 10
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Paper F4
COMPANY LAW
Chapter 10
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Paper F4
COMPANY LAW
Chapter 10
Articles Procedure for Alteration
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Chapter 10
81
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Paper F4
COMPANY LAW
Chapter 10
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COMPANY LAW
Chapter 10
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84
Paper F4
COMPANY LAW
Chapter 10
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85
Chapter 11
COMPANY LAW: DIRECTORS AND OFFICERS

General Points
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Chapter 11
Number and Eligibility
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Chapter 11
Company Directors Disqualification Act
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Chapter 11
Directors Appointment
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Chapter 11
Directors - Statutory Duties
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Paper F4
Chapter 11
Directors Remedies
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Chapter 11
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Paper F4
Chapter 11
Company Secretary: Statutory books
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Chapter 11
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Chapter 11
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Chapter 12
COMPANY LAW: MEETINGS

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Chapter 12
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Chapter 12
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Q UESTION 2
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109
Chapter 13
COMPANY LAW: LOAN CAPITAL

Loan Capital
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Paper F4
Chapter 13
Fixed Charges
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Paper F4
Chapter 13
Floating Charges
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112
Paper F4
Chapter 13
Debentures Compared with Shares
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Chapter 13
Test
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113
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Paper F4
Chapter 13
115
Chapter 14
COMPANY LAW: LIQUIDATIONS

Liquidation
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Paper F4
Chapter 14
Compulsory Liquidation
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Chapter 14
117
118
Paper F4
Chapter 14
Duties of an Administrator
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Chapter 14
Advantages of Administration Compared with Liquidation
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Paper F4
Chapter 14
End of Administration Period
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Chapter 14
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Paper F4
Chapter 14
123
Chapter 15
COMPANY LAW: ILLEGALITIES

Wrongful Trading
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Chapter 15
Fraudulent Trading
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Paper F4
Chapter 15
Money Laundering
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Paper F4
Chapter 15
Insider Dealing
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Chapter 15
Bribery
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Paper F4
Chapter 15
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Chapter 15
The Six principles
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129
130
Paper F4
Chapter 15
Penalties
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Paper F4
Chapter 15
Test
Q UESTION 1
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(2 marks)
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(2 marks)
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131
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Paper F4
Chapter 15
133
Chapter 16
CAPITAL MAINTENANCE
Capital Maintenance
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134
Paper F4
CAPITAL MAINTENANCE
Chapter 16
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Paper F4
Chapter 16
Capital Maintenance Reduction of Capital
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135
136
Paper F4
CAPITAL MAINTENANCE
Chapter 16
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Paper F4
Chapter 16
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137
138
Paper F4
CAPITAL MAINTENANCE
Chapter 16
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CAPITAL MAINTENANCE
Paper F4
Chapter 16
Test
Q UESTION 1
8IJDIPGUIFGPMMPXJOHSFTFSWFTJTDMBTTFEBTOPOEJTUSJCVUBCMFJO&OHMJTIDPNQBOZMBX
A
B
C
D
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(2 marks)
Q UESTION 2
"DDPSEJOHUP&OHMJTIDPNQBOZMBX UIFBNPVOUBTZFUVOQBJEPOTIBSFTJTTVFECZBDPNQBOZJTDBMMFEBiSFTFSWF
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A
B
C
D
UIFTIBSFIPMEFST
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(1 mark)
Q UESTION 3
8IJDIPGUIFGPMMPXJOHSFTFSWFTJTDMBTTFEBTBEJTUSJCVUBCMFSFTFSWFJO&OHMJTIDPNQBOZMBX
A
B
C
D
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(2 marks)
Q UESTION 4
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A
B
C
D
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(2 marks)
Q UESTION 5
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A
B
C
D
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PGQSPUT
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(2 marks)
139
140
Paper F4
CAPITAL MAINTENANCE
Chapter 16
141
Chapter 17
CASES
Cases Same Names
Case name
Area of law
Principle
Errington v Errington
Thomas v Thomas
Beswick v Beswick
Combe v Combe
Balfour v Balfour
Merritt v Merritt
Spellman v Spellman
Salomon v Salomon
Bamford v Bamford
Daniels v Daniels
Clemens v Clemens
142
Paper F4
CASES
Chapter 17
Cases Horses
Case name
Area of law
Principle
Area of law
Principle
Gunthing v Lynn
Felthouse v Bindley
Roscorla v Thomas
Lampleigh v Braithwait
Cases Directions
Case name
Northland Airlines v Dennis
Ferranti Meters
Central London Property Trust
v High Trees House
Universal Furniture Products v
Maple Flock Company
C & P Haulage v Middleton
Southern Foundries v Shirlaw
Allen v Gold Reefs of West

Africa
Ebrahimi v Westbourne
Galleries
Paper F4
CASES
Chapter 17
Cases Colours
Case name
Area of law
Principle
Whitely v Chappell
White v Bluett
Rose & Frank v Crompton
Express Newspapers v
Silverstone
White & Carter Councils v
MacGregor
Whaley Bridge v Green
Greenhalgh v Arderne
Cinemas
Africa
Peso Silver Mines v Cropper
143
144
Paper F4
CASES
Chapter 17
Cases Ships
Case name
Area of law
Principle
Stilk v Myrick
Hartley v Ponsonby
The Moorcock
Avery v Bowden
The Mikalis Angelos
The Wagon Mound
Mersey Docks v Coggins
R v Oll
Paper F4
CASES
Chapter 17
Cases Cars
Case name
Area of law
Principle
Carlill v Carbolic Smokeball
Williams v Carwardine
Thornton v Shoe Lane Parking
Hollier v Rambler Motors
Andrews v Singer
Lazenby Garages v Wright
Alexander v Rolls Royce
Dunlop v Selfridges
Dunlop v New Garage
Ford v Armstrong
Richley v Fould
Carslogie v Norway
Gilford Motor Co v Horne
Daimler v Continental Tyre

and Rubber
145
146
Paper F4
CASES
Case name
Chapter 17
Area of law
Principle
Pavlides v Jensen
Merritt v Merritt
Evans v Cross
Paper F4
CASES
Chapter 17
Cases Forenames
Case name
Area of law
Principle
Gorris v Scott
Evans v Cross
R v Clark
Williams v Carwardine
Grainger v Gough
Ramsgate Victoria Hotel v

Montefiori
Bradbury v Morgan
Dickinson v Dodds
Gunthing v Lynn
Harris v Nickerson
Harvey v Facey
Stevenson v McLean
Northland Airlines v Dennis

Ferranti Meters
Powell v Lee
147
148
Paper F4
CASES
Case name
Chapter 17
Area of law
Principle
Household Fire Insurance Co

v Grant
Roscorla v Thomas
Collins v Godefroy
Williams v Roffey
Ward v Byham
Thomas v Thomas
Donohue v Stevenson
Shanklin Pier v Detel Products
D & C Builders v Rees
Parker v Clark
Rose & Frank v Crompton
Jones v Vernon Pools
Bettini v Gye
Hutton v Warren
Olley v Marlborough Court

Hotel
Paper F4
CASES
Case name
Chapter 17
Area of law
Principle
Chapeltown v Barry
Curtis v Chemical Cleaning

Company
Andrews v Singer
Victoria Laundry v Newman

Industries
Hadley v Baxendale
Lazenby Garages v Wright
Jarvis v Swan Tours
Alexander v Rolls Royce
Hoenig v Isaacs
Warner Bros v Nelson
Lynn v Bamber
Latimer v AEC
Hedley Byrne v Heller
Jeb Fasteners v Marks Bloom
Caparo v Dickman
149
150
Paper F4
CASES
Case name
Chapter 17
Area of law
Principle
Evert v Williams
Adams v Cape Industries
Jubilee Cotton Mills v Lewes
Clarke v Dunraven

Africa
Bushel v Faith
Regal ( Hastings ) v Gulliver
Howard Smith v Ampol

Petroleum
Daniels v Daniels
Cases Builders and Hotels

Case name
Area of law
Principle
Ramsgate Victoria Hotel v

Montefiori
Williams v Roffey
D & C Builders v Rees
Olley v Marlborough Court

Hotel
Paper F4
CASES
Chapter 17
Cases Superman List

Case name
Area of law
Principle
Area of law
Principle
R v Clark
Parker v Clark
Rescission
Hickman v Kent or Romney
Marsh Sheepbreeders
Association
Clarke v Dunraven
Household Fire Insurance Co

v Grant
Cases Weapons List

Case name
Gunthing v Lynn
Central London Property Trust

v High Trees House
Poussard v Spiers and Pond
Express Newspapers v
Silverstone
Avery v Bowden
Thompson v Robinson
Planche v Colburn
151
152
Paper F4
CASES
Chapter 17
Cases Films List

Case name
Area of law
Principle
Gardner v Sevenoaks
Anglia TV v Reed
Warner Bros v Nelson
Photoproductions v Securicor
re F G Films
Greenhalgh v Arderne
Cinemas
Regal ( Hastings ) v Gulliver
153
TEST ANSWERS
Chapter 1
1
C
2
C
3
B
4
B
Chapter 2
1
C
2
C
3
D
4
B
5
A
Chapter 3
1
C
2
B
3
A
4
B
5
D
Chapter 4
1
C
2
A
3
B
4
B
5
A
Chapter 5
1
A
2
C
3
C
4
D
5
C
Chapter 6
1
D
2
A
3
D
4
C
5
A
Chapter 7
1
A
2
C
3
C
4
C
5
B
Chapter 8
1
A
2
B
154
TEST ANSWERS
Chapter 9
1
D
2
C
3
A
4
C
5
D
Chapter 10
1
C
2
C
3
D
4
C
5
A
Chapter 11
1
B
2
D
3
A
4
C
5
B
Chapter 12
1
C
2
D
3
D
4
C
5
B
Chapter 13
1
C
2
D
3
B
Chapter 14
1
C
2
B
3
C
4
B
5
D
Chapter 15
1
D
2
B
3
A
4
C
Chapter 16
1
B
2
B
3
D
4
D
5
B
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