ACCA

ACCA LW — Corporate and Business Law Practice Exam 4

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A complete mock exam replication for ACCA LW (Corporate and Business Law), mirroring live computer-based testing parameters. This exam contains 60 questions totaling 100 marks, divided into Section A (45 objective test questions) and Section B (5 multi-task questions). It covers the full syllabus (A-H) with a unique focus on diverse corporate landscapes including tech startups, NGOs, heavy manufacturing, and cross-border multinationals.

60
Questions
Mixed
Difficulty
50%
Pass mark

Difficulty breakdown

Easy(24)
Medium(26)
Hard(10)

Sample questions

Q01Medium2 marks

AgriGrow Ltd, a large-scale agricultural technology firm, is pursuing a complex breach of contract claim against a supplier for £250,000. The case involves highly technical evidence regarding automated irrigation systems. In the English legal system, which court will act as the court of first instance for this specific claim?

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Q02Medium2 marks

In the context of judicial precedent, the Court of Appeal (Civil Division) is generally bound by its own previous decisions. However, there are established exceptions to this rule. Which of the following is NOT a recognized exception under the rule in Young v Bristol Aeroplane Co Ltd?

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Q03Medium2 marks

Under the Human Rights Act 1998, what action must a UK court take if it finds that a piece of primary legislation (an Act of Parliament) is entirely incompatible with a right set out in the European Convention on Human Rights, and it is impossible to interpret the statute compatibly?

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Q04Medium2 marks

QuantumLeap Tech, a startup, displays a highly specialized server rack on its website with a price tag of £500. Due to a coding error, the price should have been £5,000. A customer, DataHost Ltd, places an order for the server rack at £500. Which of the following statements accurately describes the legal position?

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Q05Hard2 marks

A cross-border logistics company, TransGlobal Freight, urgently asks an independent consultant to resolve a customs impoundment issue in a foreign port. No fee is discussed. The consultant successfully resolves the issue. Afterwards, TransGlobal promises to pay the consultant £5,000 for their effort, but later refuses to pay. Can the consultant enforce the promise?

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All questions (60)

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Q01AgriGrow Ltd, a large-scale agricultural technology firm, is pursuing a complex breach of contract claim against a su...MediumQ02In the context of judicial precedent, the Court of Appeal (Civil Division) is generally bound by its own previous dec...MediumQ03Under the Human Rights Act 1998, what action must a UK court take if it finds that a piece of primary legislation (an...MediumQ04QuantumLeap Tech, a startup, displays a highly specialized server rack on its website with a price tag of £500. Due t...MediumQ05A cross-border logistics company, TransGlobal Freight, urgently asks an independent consultant to resolve a customs i...HardQ06EcoBuild Ltd contracts to construct a sustainable community center for a local NGO, with work to commence on 1 Septem...MediumQ07SteelForge PLC manufactures industrial turbines. Due to a negligent manufacturing defect, a turbine explodes at a cli...HardQ08Which TWO of the following statements accurately reflect the rules on remoteness of damage in contract law, as establ...MediumQ09UrbanDash operates a gig-economy food delivery platform. Riders provide their own bicycles, can choose when to log on...HardQ10Global Aid Network, an NGO, recently changed the job description of its regional director, Sarah, without her consent...MediumQ11Titanium Foundry Ltd is closing one of its blast furnaces due to a downturn in heavy manufacturing. They need to make...MediumQ12Which TWO of the following statements correctly describe the legal characteristics of a Limited Liability Partnership...MediumQ13Marcus is acting as a promoter for a new tech startup, 'CyberShield Ltd', which has not yet been incorporated. He sig...MediumQ14BioPharma PLC wishes to alter its Articles of Association to restrict the borrowing powers of its directors. Under th...EasyQ15SolarWind Ltd is a private company with only one class of ordinary shares. The directors wish to allot new ordinary s...MediumQ16A company has issued both ordinary shares and preference shares. The directors propose to reduce the dividend rate pa...MediumQ17Which TWO of the following events will typically cause a floating charge to crystallize into a fixed charge?MediumQ18Elena is a major shareholder in a tech firm but is not officially appointed to the board of directors. However, she r...MediumQ19David is a director of AquaPower PLC, a renewable energy company. He learns of a lucrative contract to build a hydroe...HardQ20What is the standard minimum notice period required to call a general meeting for a private limited company under the...EasyQ21A minority shareholder in a logistics company discovers that the majority shareholder (who is also the sole director)...MediumQ22Under Schedule B1 of the Insolvency Act 1986, an administrator must perform their functions with the objective of res...MediumQ23Two individuals form a private limited company to run a restaurant, each holding 50% of the shares and both acting as...MediumQ24Under the Criminal Justice Act 1993, which TWO of the following are valid statutory defences to a charge of insider d...HardQ25An accountant working in the regulated sector suspects that a client is laundering money through a complex web of off...MediumQ26In the English civil court system, what is the normal financial limit for a claim to be allocated to the Fast Track?EasyQ27Which rule of statutory interpretation allows a judge to look at the common law before the Act was passed to discover...EasyQ28Under the postal rule of acceptance in contract law, when does an acceptance sent by post become legally effective?EasyQ29Which statute significantly reformed the doctrine of privity of contract, allowing third parties to enforce contractu...EasyQ30What is the standard of proof required in a civil claim for the tort of negligence?EasyQ31Under the Employment Rights Act 1996, what is the statutory minimum notice period an employer must give to an employe...EasyQ32Which of the following best defines 'wrongful dismissal' in employment law?EasyQ33Which landmark case firmly established the principle of separate corporate personality, confirming that a company is ...EasyQ34What is the minimum allotted share capital required for a public limited company (PLC) to obtain a trading certificat...EasyQ35Under the Companies Act 2006, which of the following words requires prior approval from the Secretary of State to be ...EasyQ36What is the legal term for shares that a company has bought back from its shareholders and holds in its own name, rat...EasyQ37Under the Companies Act 2006, from which specific source must a company pay cash dividends to its shareholders?EasyQ38Within how many days must a newly created charge (such as a mortgage over company property) be registered at Companie...EasyQ39Is a private limited company legally required to appoint a company secretary under the Companies Act 2006?EasyQ40What percentage of voting rights is required to pass an ordinary resolution at a general meeting?EasyQ41Who generally has the primary power to appoint the external auditor of a company?EasyQ42Which of the following is a key difference between fraudulent trading and wrongful trading under the Insolvency Act 1...EasyQ43In a corporate liquidation, which of the following ranks highest in the statutory order of payment?EasyQ44Under Section 7 of the Bribery Act 2010, a commercial organization commits an offence if a person associated with it ...EasyQ45Under the Fraud Act 2006, which of the following is NOT one of the three main ways in which the criminal offence of f...EasyQ46SCENARIO 1: AeroLogistics Ltd, a cross-border freight forwarder, emails a quote to ship machinery for Zenith Manufact...MediumQ47SCENARIO 1: AeroLogistics Ltd, a cross-border freight forwarder, emails a quote to ship machinery for Zenith Manufact...MediumQ48SCENARIO 1: AeroLogistics Ltd, a cross-border freight forwarder, emails a quote to ship machinery for Zenith Manufact...HardQ49SCENARIO 2: CodeStream Innovations, a tech startup, is acquired by a larger competitor, MegaTech PLC. The business is...MediumQ50SCENARIO 2: CodeStream Innovations, a tech startup, is acquired by a larger competitor, MegaTech PLC. The business is...EasyQ51SCENARIO 2: CodeStream Innovations, a tech startup, is acquired by a larger competitor, MegaTech PLC. The business is...MediumQ52SCENARIO 3: HarvestDrone Ltd and CropYield PLC wish to form a joint venture to develop AI-driven tractors. They want ...HardQ53SCENARIO 3: HarvestDrone Ltd and CropYield PLC wish to form a joint venture to develop AI-driven tractors. They form ...HardQ54SCENARIO 3: HarvestDrone Ltd and CropYield PLC wish to form a joint venture to develop AI-driven tractors. They form ...MediumQ55SCENARIO 4: AquaGrid PLC, a regional water utility, is considering a major infrastructure upgrade. The board of direc...MediumQ56SCENARIO 4: AquaGrid PLC, a regional water utility, is considering a major infrastructure upgrade. The board of direc...HardQ57SCENARIO 4: AquaGrid PLC, a regional water utility, is considering a major infrastructure upgrade. The board of direc...MediumQ58SCENARIO 5: Titanium Foundry Ltd went into insolvent liquidation on 1 November. Six months prior, on 1 May, when the ...HardQ59SCENARIO 5: Titanium Foundry Ltd went into insolvent liquidation on 1 November. Six months prior, on 1 May, when the ...MediumQ60SCENARIO 5: Titanium Foundry Ltd went into insolvent liquidation on 1 November. Six months prior, on 1 May, when the ...Easy