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CIMA BA4 Exam Syllabus Topics:

CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

Question 1

The board of Zed Ltd wishes to borrow money from Exe Bank plc. What authority will the board require to enable it to proceed?

A. A written resolution
B. A board resolution
C. An ordinary resolution
D. A special resolution

Question 2

Which of the following is one of the fundamental principles identified in the CIMA Code of Ethics?

A. Professional bias
B. Professional belief
C. Professional bearing
D. Professional behavior

Question 3

Which of the following is INCORRECT?

A. A person may be appointed company secretary for life
B. A company secretary of a public company must be appropriately qualified
C. A company secretary is an officer and not an employee of the company
D. A company secretary may be dismissed by the board

Question 4

Which of the following statements is correct regarding dismissal?

A. An employee who has been wrongfully dismissed may claim damages and reinstatement
B. An employee who has been dismissed because of membership of a trade union has been wrongfully dismissed
C. An employee who is dismissed without the correct notice has been unfairly dismissed
D. An employee who has been unfairly dismissed may claim compensation

Question 5

In relation to the law of misrepresentation, which of the following statements is incorrect?

A. An honest statement of opinion by a layman cannot amount to a misrepresentation.
B. In general, silence cannot amount to a misrepresentation.
C. A misrepresentation is not actionable unless it induced the claimant to contract.
D. A person cannot be liable for misrepresentation, if the truth of the statement could be determined by the misrepresentee making reasonable enquiries.

Solutions: