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    PracticeACCAACCA LW — Corporate and Business Law Practice Exam 2Question 26
    Easy1 markMultiple Choice
    Essential elements of the legal systemSection ASyllabus ACorporate and Business Law

    ACCA · Question 26 · Essential elements of the legal system

    In the English civil court system, what is the normal financial limit for a standard breach of contract claim to be allocated to the small claims track?

    Answer options:

    A.

    £5,000

    B.

    £10,000

    C.

    £25,000

    D.

    £50,000

    How to approach this question

    Recall the track limits: Small claims up to £10,000; Fast track £10,000 to £25,000; Multi-track over £25,000.

    Full Answer

    B.£10,000✓ Correct
    The small claims track is generally for claims with a financial value of up to £10,000 (with some exceptions for personal injury and housing disrepair).

    Common mistakes

    Using outdated limits (e.g., £5,000).
    Question 25All questionsQuestion 27

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