ExpertACCA
ACCA LW — Corporate and Business Law Practice Exam 3
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A complete mock exam replication for ACCA LW (Corporate and Business Law), mirroring live computer-based testing parameters. Contains 60 questions (100 marks) covering the full syllabus (A-H). Section A features 45 objective test questions, and Section B features 5 multi-task questions (MTQs) broken down into independent sub-questions.
60
Questions
Mixed
Difficulty
50%
Pass mark
Difficulty breakdown
Easy(20)
Medium(30)
Hard(10)
Topics covered
Browse all topics →Syllabus A: Essential elements of the legal systemSyllabus B: The law of obligationsSyllabus C: Employment lawSyllabus D: The formation and constitution of business organisationsSyllabus E: Capital and the financing of companiesSyllabus F: Management, administration and the regulation of companiesSyllabus G: Insolvency lawSyllabus H: Corporate fraudulent and criminal behaviour
Sample questions
Q01Easy2 marks
In the English legal system, which of the following accurately describes the difference between the burden of proof in civil and criminal cases?
Q02Medium2 marks
Which of the following courts is bound by the decisions of the Court of Appeal (Civil Division)?
Q03Medium2 marks
When interpreting statutes, which rule allows a judge to consider the original common law defect that the statute was intended to remedy?
Q04Medium2 marks
A tech startup, CloudNova, advertises a new cloud storage package on its website for £10 per year. This price was a typographical error; it should have been £100. A customer places an order. What is the legal status of the website advertisement?
Q05Hard2 marks
In contract law, past consideration is generally not valid. However, there are exceptions. Which of the following conditions must be met for past consideration to be valid under the rule in Lampleigh v Brathwait?
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All questions (60)
Free to browse · no sign-up requiredQ01In the English legal system, which of the following accurately describes the difference between the burden of proof i...EasyQ02Which of the following courts is bound by the decisions of the Court of Appeal (Civil Division)?MediumQ03When interpreting statutes, which rule allows a judge to consider the original common law defect that the statute was...MediumQ04A tech startup, CloudNova, advertises a new cloud storage package on its website for £10 per year. This price was a t...MediumQ05In contract law, past consideration is generally not valid. However, there are exceptions. Which of the following con...HardQ06A heavy manufacturing firm, IronWorks Ltd, contracts with a courier to deliver a vital machine part. The courier is l...MediumQ07To establish a claim in the tort of negligence against a public utility company, a claimant must prove three essentia...EasyQ08In the context of employment law, which of the following tests is used by courts to determine if an individual workin...MediumQ09An employee at a financial services firm is subjected to a unilateral, significant reduction in their salary and a de...MediumQ10To be eligible for statutory redundancy pay in the agricultural sector (or any sector in the UK), an employee must ha...EasyQ11In a general partnership, a partner decides to retire. Which of the following actions must the retiring partner take ...MediumQ12When incorporating a Limited Liability Partnership (LLP), an incorporation document must be submitted to the Registra...MediumQ13The courts will generally uphold the principle of separate corporate personality. However, the 'corporate veil' may b...HardQ14A public limited company wishes to issue new shares to raise capital. Under the Companies Act 2006, what is the gener...MediumQ15A company is considering declaring a dividend. Under the Companies Act 2006, dividends can only be paid out of 'distr...MediumQ16A company has granted a fixed charge over its factory and a floating charge over its inventory. Which of the followin...MediumQ17Which of the following best describes a 'shadow director' under the Companies Act 2006?EasyQ18A director of a cross-border multinational company discovers a lucrative investment opportunity during the course of ...MediumQ19What is the minimum notice period required to call an Annual General Meeting (AGM) for a public limited company (plc)...EasyQ20A company wishes to alter its Articles of Association. What type of resolution is required to pass this alteration, a...EasyQ21The primary objective of an administration order under the Insolvency Act 1986 is to:EasyQ22Which of the following is a valid ground for a creditor to petition for the compulsory winding up of a company?MediumQ23Under section 213 of the Insolvency Act 1986 (fraudulent trading), who can be held liable to make a contribution to t...MediumQ24Under the Criminal Justice Act 1993, which of the following is a valid defence to a charge of insider dealing?HardQ25In the context of money laundering, what does the 'layering' stage involve?EasyQ26Which piece of legislation incorporates the European Convention on Human Rights into UK domestic law?EasyQ27Which of the following is a primary advantage of delegated legislation?EasyQ28Under the postal rule of acceptance, when does an acceptance sent by post become legally effective?EasyQ29The Contracts (Rights of Third Parties) Act 1999 provides an exception to which fundamental common law doctrine?EasyQ30What is the legal definition of 'wrongful dismissal'?MediumQ31Under the Employment Rights Act 1996, what is the statutory minimum notice period for an employee who has been contin...EasyQ32A promoter of a company owes fiduciary duties to the unformed company. Which of the following is a key duty of a prom...MediumQ33Which document forms the internal constitution of a company, regulating matters such as the appointment of directors ...EasyQ34What is the purpose of statutory pre-emption rights under the Companies Act 2006?MediumQ35In company law, what is a debenture?EasyQ36Under the Companies Act 2006, which type of company is legally required to appoint a company secretary?EasyQ37Who generally has the power to appoint the first auditors of a newly incorporated company?MediumQ38To remove a director before the expiration of their period of office under section 168 of the Companies Act 2006, wha...HardQ39What is the key difference between a Members' Voluntary Liquidation (MVL) and a Creditors' Voluntary Liquidation (CVL)?MediumQ40In corporate insolvency, what is the 'prescribed part'?HardQ41Under the Bribery Act 2010, a commercial organisation commits an offence if it fails to prevent bribery. What is the ...MediumQ42Under section 214 of the Insolvency Act 1986 (wrongful trading), who can be ordered by the court to make a contributi...EasyQ43In the civil court system of England and Wales, what is the normal financial limit for claims allocated to the Fast T...EasyQ44When determining the standard of care in a negligence claim against a professional (e.g., an accountant), which test ...MediumQ45If a company wishes to vary the rights attached to a specific class of shares, what is the standard requirement under...HardQ46Scenario: QuantumLeap AI Ltd, a tech startup, advertised a new software tool on their website for £50 (a pricing erro...MediumQ47Scenario: QuantumLeap AI Ltd, a tech startup, advertised a new software tool on their website for £50 (a pricing erro...HardQ48Scenario: QuantumLeap AI Ltd, a tech startup, advertised a new software tool on their website for £50 (a pricing erro...MediumQ49Scenario: GreenAcres Farms engages tractor drivers. Silas works exclusively for GreenAcres, uses their tractor, and i...MediumQ50Scenario: GreenAcres Farms engages tractor drivers. Silas works exclusively for GreenAcres, uses their tractor, and i...MediumQ51Scenario: GreenAcres Farms engages tractor drivers. Silas works exclusively for GreenAcres, uses their tractor, and i...EasyQ52Scenario: EcoHabitat, a group of environmentalists, wants to form a corporate entity to buy land for conservation. Th...EasyQ53Scenario: EcoHabitat, a group of environmentalists, wants to form a corporate entity to buy land for conservation. Th...MediumQ54Scenario: EcoHabitat, a group of environmentalists, wants to form a corporate entity to buy land for conservation. Th...HardQ55Scenario: Titanium Forge plc has three directors: Alan, Brenda, and Charles. Alan recently discovered a lucrative opp...MediumQ56Scenario: Titanium Forge plc has three directors: Alan, Brenda, and Charles. Alan recently discovered a lucrative opp...HardQ57Scenario: Titanium Forge plc has three directors: Alan, Brenda, and Charles. Alan recently discovered a lucrative opp...MediumQ58Scenario: Global Logistics Ltd is facing financial difficulties. It has a fixed charge over its warehouse in favour o...MediumQ59Scenario: Global Logistics Ltd is facing financial difficulties. It has a fixed charge over its warehouse in favour o...HardQ60Scenario: Global Logistics Ltd is facing financial difficulties. It has a fixed charge over its warehouse in favour o...Medium