For IndividualsFor Educators
ExpertMinds LogoExpertMinds
ExpertMinds

Ace your certifications with Practice Exams and AI assistance.

  • Browse Exams
  • For Educators
  • Blog
  • Privacy Policy
  • Terms of Service
  • Cookie Policy
  • Support
  • AWS SAA Exam Prep
  • PMI PMP Exam Prep
  • CPA Exam Prep
  • GCP PCA Exam Prep

© 2026 TinyHive Labs. Company number 16262776.

    PracticeACCAACCA LW — Corporate and Business Law Practice Exam 1Question 02
    Medium2 marksMultiple Choice
    Corporate and Business LawSection ASyllabus ALegal System

    ACCA · Question 02 · Corporate and Business Law

    In the context of statutory interpretation, what is the 'mischief rule'?

    Answer options:

    A.

    A rule that gives words their plain, ordinary, and literal meaning.

    B.

    A rule that avoids an absurd result produced by the literal rule.

    C.

    A rule that interprets a statute to suppress the defect in the common law that the statute was designed to remedy.

    D.

    A rule that relies strictly on Hansard to determine parliamentary intent.

    How to approach this question

    Identify the definition of the mischief rule from the three main rules of interpretation.

    Full Answer

    C.A rule that interprets a statute to suppress the defect in the common law that the statute was designed to remedy.✓ Correct
    The mischief rule allows judges to look at the common law prior to the Act to discover what gap or 'mischief' the Act was intended to cover, and interpret the Act to suppress that mischief.

    Common mistakes

    Confusing the mischief rule with the golden rule.
    Question 01All questionsQuestion 03

    Practice the full ACCA LW — Corporate and Business Law Practice Exam 1

    60 questions · hints · full answers · grading

    Sign up freeTake the exam

    More questions from this exam

    Q01Which of the following courts is bound by the decisions of the Court of Appeal (Civil Division)?EasyQ03Which of the following statements regarding the Human Rights Act 1998 is correct?MediumQ04A shop displays a laptop in its window with a price tag of £50. The actual price is £500. A custo...EasyQ05Which of the following represents a valid exception to the rule that past consideration is no con...MediumQ06In the context of intention to create legal relations, what is the legal presumption regarding co...Easy
    View all 60 questions →