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| Section | Weight | Objectives |
|---|---|---|
| General Principles of the Legal System, Contract and Employment Law | 15% | - Structure and sources of law - Terms, breach and remedies of contract - Employment law, rights and obligations - Essential elements of a valid contract |
| Corporate Governance, Controls and Corporate Social Responsibility | 45% | - Roles and responsibilities of directors and officers - Principles and frameworks of corporate governance - Internal control and risk management - External audit and assurance - Corporate social responsibility and sustainability |
| Business Ethics and Ethical Conflict | 30% | - CIMA Code of Ethics and professional values - Concepts of ethics and business ethics - Identification and resolution of ethical dilemmas - Ethics vs law and regulation |
| Company Administration | 10% | - Company financing and capital - Corporate insolvency and administration - Formation and constitution of companies - Types of business organizations |
Which ONE of the following statements is incorrect? Ethical standards are:
In relation to registering a company limited by shares, which of the following is correct?
Which of the following statements are correct regarding companies'?
1. Both public and private companies must have a minimum amount of share capital before they can commence trading.
2. The shareholders of both public and private companies cannot interfere in the management of the company.
3. The minimum number of directors for both public and private companies is two
Which of the following is correct in relation to a company's ability to contract where the company was registered after the Companies Act 2006 was fully implemented?
You are at a conference. The finance director of one of your competitors is boasting about top secret plans that she says will give her company market dominance. As she walks into a conference session, she accidently drops a folder marked "private and confidential". No one else notices and you are left alone in the room with the folder. Which of the following would be an ethical course of action and why?
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