Paul is asked to work for a company that runs online casinos, but he has a deep seated conviction that gambling in any form is immoral. This dilemma is an example of a tension between:
Answer : B
A Ltd is under contract to manufacture machinery for B Ltd for 200,000. Which of the following is a valid excuse for A Ltd failing to complete the contract on time?
Answer : A
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
Answer : A
Which of the following statements is correct?
(i) To succeed in the tort of negligence, a claimant must show that the defendant owed him a duty of care.
(ii) To succeed in the tort of negligence, the defendant must have broken a duty to take care.
(iii) To succeed in the tort of negligence, it is necessary to show that the claimant suffered loss or harm as a result of the defendant's breach of duty.
Answer : D
Which of the following is correct in relation to the equitable remedy of rescission?
(i) Rescission is available in the event of any breach of contract
(ii) The victim of misrepresentation may automatically claim rescission
(iiI) The purpose of rescission is to return the parties to their pre-contract position.
Answer : D
Which of the following is incorrect in relation to a reduction of capital by a private company?
Answer : B
Which of the following statements would amount to indirect discrimination in the workplace?
Answer : B