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ACCA Exam tips for June 2008 – FTC –F4

F4 – Corporate and Business Law

Tips include:

English Legal system

Law of Obligations

* Contract Law

l      Consideration

l      Types of terms

l      Remedies

* Law of tort - Professional Negligence

Employment Law

* Wrongful and unfair dismissal
Formation and Constitution of Business Organisations

* Partnerships

l      Authority of partners

l      Dissolution

Capital and financing of companies

* Loan capital and differences between fixed and floating charges

Management, Administration and Regulation of Companies

* Types of directors

* Removal of directors

Insolvency

* Differences between compulsory and voluntary winding up

* Administrations

Governance and ethical issues relating to business

*Fraudulent and wrongful trading

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