ACCA LW — Corporate and Business Law Practice Exam 2
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A complete mock exam replication for ACCA LW, mirroring live computer-based testing parameters. Features 60 questions covering the full syllabus (A-H) with unique, diverse corporate scenarios.
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A dispute has arisen between 'AquaHarvest Ltd' and a supplier over a £150,000 contract for specialized algae harvesting equipment. The supplier claims breach of contract.
In the English civil court system, which track and court of first instance will most likely handle this claim?
A judge is interpreting a 19th-century statute regarding 'carriages on the highway' to determine if it applies to modern electric hoverboards. The judge looks at the original problem Parliament intended to solve (preventing pedestrian injuries) and applies the statute to hoverboards to solve that same problem.
Which rule of statutory interpretation is the judge applying?
Under the Human Rights Act 1998, certain rights can be claimed by corporate entities as well as natural persons.
Which TWO of the following rights can be claimed by a registered company?
'AeroDyne Drone Logistics Ltd' sends an automated email to a potential client stating: "We can provide daily drone delivery services for your medical supplies at £500 per week. Please reply to discuss terms."
In contract law, what is the legal status of this email?
'EcoVertical Farms Ltd' leases a warehouse from a landlord. During a severe economic downturn, the landlord promises to halve the rent for a year. EcoVertical relies on this and invests its remaining cash into new LED lighting. When the economy improves six months later, the landlord demands the full arrears for the past six months.
Under the equitable doctrine of promissory estoppel, what is the likely outcome?
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