BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

Employer's interest

Client's interest

CIMA's interest

Public interest

The share issue is automatically invalid.

The shareholders may ratify the share issue by ordinary resolution.

The shareholders may challenge the validity of the share issue using Section 994 of the Companies Act 2006, on the ground that the issue is "unfairly prejudicial to the interests of the shareholders".

The company may proceed against Adam for breach of fiduciary duty.

All courts below the Supreme Court  may refer a case involving European Law to the European Court of Justice for a preliminary ruling.

Supreme Court must refer a case involving European Law to the European Court of Justice for a preliminary ruling.

An English court is not bound to give effect to a preliminary ruling of the European Court of Justice.

A preliminary ruling of the European Court of Justice is sent back to the Court which referred the question and must be given effect by that court.