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Free ACCA Corporate and Business Law Practice Questions & Answers

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Question 1

Which of the following best describes 'civil law'?

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Question 2

What is the primary function of the doctrine of judicial precedent?

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Question 3

Which term describes the part of a court judgment that creates binding precedent?

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Question 4

What does 'obiter dicta' mean in the context of case law?

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Question 5

Which court sits at the apex of the English legal system?

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Question 6

Delegated legislation is best described as:

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Question 7

An 'offer' in contract law is best defined as:

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Question 8

An 'invitation to treat' differs from an offer because:

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Question 9

Which of the following is required for a valid contract?

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Question 10

What is 'consideration' in contract law?

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Question 11

Which statement about consideration is correct?

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Question 12

The doctrine of privity of contract means:

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Question 13

Under the Contracts (Rights of Third Parties) Act 1999, a third party may enforce a contract term if:

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Question 14

Which of the following is NOT a valid method of terminating an offer?

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Question 15

A 'condition' in a contract is:

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Question 16

A 'warranty' in a contract differs from a condition in that breach of a warranty:

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Question 17

What is an exclusion clause?

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Question 18

Under the Unfair Contract Terms Act 1977, a business-to-business exclusion clause for negligence causing personal injury is:

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Question 19

Which of the following best describes the tort of negligence?

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Question 20

The 'neighbour principle' established in Donoghue v Stevenson (1932) holds that:

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Question 21

Which THREE elements must be proved to succeed in a negligence claim?

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Question 22

The concept of 'vicarious liability' means:

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Question 23

In the context of negligence, 'remoteness of damage' means:

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Question 24

Which of the following is a valid defence to a negligence claim?

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Question 25

The tort of 'passing off' protects:

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Question 26

Contributory negligence by the claimant results in:

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Question 27

Which test determines whether a term is a condition or a warranty?

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Question 28

An 'innominate term' (intermediate term) is one where:

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Question 29

Misrepresentation makes a contract:

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Question 30

Which type of misrepresentation gives the innocent party the right to rescind AND claim damages in the tort of deceit?

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Free ACCA Corporate and Business Law Practice Questions & Answers

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