CIMA Certificate BA4 Book

A has contracted to sell his house to B but has changed his mind and no longer wishes to sell it.

C has contracted to buy a new Ford motor car but the garage is now refusing to honor the contract.

D has contracted to purchase a number of tins of fruit for her business but the seller has now stated that he no longer wishes to proceed with the contract.

E has contracted to sing at a concert organized by F, but E has withdrawn as he has received a more lucrative offer from G.

Subject to the company's Articles of Association, shareholder approval is not required to enable the company to borrow money.

Subject to the company's Articles of Association, shareholder approval is not required to authorise the issue of shares direct to one person for a non-cash consideration.

A company's Articles cannot provide that the Articles are unalterable.

The Articles of Association may be altered by special resolution.

A handshake

A signed formal document

A verbal declaration

Any of the above

Transparency, competitiveness and value

Independence, objectivity and competitiveness

Transparency, value and integrity

Independence, objectivity and integrity