CIMA Related Exams
BA4 Exam
Which of the following is INCORRECT in relation to Shari'ah law?
i. Shari'ah law is intended to provide for a person's spiritual well-being but is not concerned with secular matters.
ii. The Sunnah is one of the primary sources of Shar'iah law.
iii. The salat (daily prayers) is one of the Five Pillars of Islam.
You work for a company that designs and manufactures children's toys. Which of the following is NOT an example of social responsibility that your company might choose to address?
R, S and T are the only shareholders in RST Ltd each holding 5,000 ordinary £1 shares. R is the only director of the company. The articles of association of RST contain the following provisions:
1. R is to be a director of RST Ltd for life.
2. In the event of any resolution to dismiss R by ordinary resolution his votes shall count three times.
Which of the following is CORRECT?
(i) Provision 1 is void as a director cannot be appointed for a period exceeding 3 years.
(ii) Provision 2 is valid and R may outvote any proposed resolution to dismiss him.
(iii) Provisions 1 and 2 are both unenforceable by R as they are not ordinary membership rights.