高顿小编为各位ACCA学员整理了一些练习题,希望大家查漏补缺,对考试有所帮助。
7、In the context of contracts of employment, explain the COMMON LAW duties imposed on:
7、In the context of contracts of employment, explain the COMMON LAW duties imposed on:
(a) employers;
(b) employees.
8、Ano Ltd is a publisher specialising in producing scientific textbooks.
In January 2013, it decided to produce a new edition of a particular book and commissioned Box and Cox to produce
the work. Box was to provide the text and Cox was to produce the extensive diagrams and each of them was to be
paid ?5,000. The contract entered into between Ano Ltd and Box required the text to be produced by 30 April 2013
and the terms of Cox’s contract required the diagrams to be submitted by 30 June 2013.
In March 2013, Box informed Ano Ltd that he would not supply the finished text on time unless Ano Ltd increased
his payment by ?1,000. Ano Ltd agreed to the increase but when Box submitted his invoice on delivering the text,
Ano Ltd refused to pay the additional amount.
In May 2013, Cox informed Ano Ltd that he was no longer willing to produce the diagrams for the book. Ano Ltd can
get someone else to produce the diagrams, but given the time lost, they will have to pay an additional ?500 to
produce the diagrams on time for printing the textbook as originally planned.
Required:
In the context of the law of contract, advise:
(a) what action Box can take against Ano Ltd to enforce the additional payment;
(b) what action Ano Ltd can take against Cox for his refusal to produce the diagrams.
9、In 2008, Dee, Fi, Gee and Ki formed a private limited company to pursue chemical research. They each took
100 shares in the company and each of them became a director in the company. The articles of association of the
company were drawn up to state that Dee, a qualified accountant, was to act as the company secretary for a period
of five years, at a yearly salary of ?20,000.
In May 2012, Fi, Gee and Ki discovered that Dee had passed on some research results to a rival company.
As a consequence, Fi, Gee and Ki propose the following measures:
(a) to remove Dee from the board of directors;
(b) to dismiss Dee from her post as company secretary without any payment for the work she has already done, in
spite of Dee’s claim that she has a contract of employment by virtue of the articles of association and that she
cannot be removed before the five-year period is completed;
(c) to alter the articles of association to require Dee to sell her shares to them.
Required:
Advise Fi, Gee and Ki as to the legality of the above proposals and how they may be achieved.
Note: The split of the mark allocation is shown against each of the proposals above.
10、In January 2011, Han, Ita and Jo formed a partnership, under the Partnership Act 1890, to run a pottery business
trading under the name HIJ Potteries. On formation, Han introduced ?6,000 into the business, Ita introduced ?3,000
and Jo introduced ?1,000. All of them took an active part in the operation of the business and the partnership
agreement stated that all profits and losses should be divided in proportion to the capital contribution. However, as
Jo was the person who would actually be making the pottery, it was agreed that she would not be liable for any more
than her initial contribution towards any future debts. After some time, Han provided the partnership with a loan of
?1,000 in order to sustain the operation of the business.
Unfortunately, the business was not successful and made significant losses. The partners concluded that it would be
best to stop trading and dissolve the partnership. Its assets were worth ?5,000 and its external debts were ?9,000.
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