BPP TIPS FOR JUNE 2008 （F4--F9）
F4 Corporate and Business Law
According to BPP following are the topics that are expected to appear in F4 Corporate and Business Law for June 2008 attempt. WARNING: The examiners deliberately try to avoid question spotting. Use the tips as areas to have a good look at, but remember that no-one knows what’s in the exam except the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam. The areas that we would expect to see most regularly in the exam are:
English Legal System • Court Hierarchy and the operation of judicial precedent. (BPP Study Text Q1 Q2)
• How statute is created, delegated legislation – types, advantages, disadvantages and control.
• Impact of the Human Rights Act. (BPP Study Text Q3)
Law of Obligations
• Types of contractual terms – warranties, conditions and innominate terms. (BPP Study Text Q8)
• The rules governing offer, acceptance, consideration and intention in contract formation. (BPP Study Text Q4, Q5, Q6, Q7)
• Breach of contract including common law and equitable remedies. (BPP Study Text Q10 Q11)
• Exclusion clauses, including the common law and statutory restrictions. (BPP Study Text Q9)
• The law of tort - knowledge questions will focus on definitions of the 3 stages in a tort, plus the defenses. Application questions may ask you to advise on whether a tort has been committed and what the likely outcome will be. (BPP Study Text Q12 Q13)
Employment Law • The distinction between Employees and Self-employed workers, how this is made, and why it is important.
• The rights and duties of employees and employers. (BPP Study Text Q14)
• Workers rights upon dismissal including redundancy, unfair, wrongful and constructive dismissal. (BPP Study Text Q15)
Business Formation and Constitution • The law of agency and partnerships – types and duties of partners. (BPP Study Text Q16 Q17)
• How a company is formed and the role of agents. (BPP Study Text Q18 Q19)
• The advantages of trading via a company, how the veil of incorporation can be lifted under common law and statute.
• The contents and impact of the Memorandum and Articles of Association. (BPP Study Text Q20 Q21)
Capital Financing
• The different classifications of share capital and the rules for issuing and paying for new share capital. (BPP Study Text Q22 Q24)
• Fixed and Floating charges. (BPP Study Text Q23)
Management and Administration of Companies
• Defining/describing the different types of meetings and resolutions. (BPP Study Text Q26)
• The statutory general and specific duties of directors. (BPP Study Text Q25)
• Appointment, removal, powers and duties of directors, secretaries and auditors.
Companies in Difficulty
• The difference between compulsory and voluntary (creditor’s and member’s) liquidation. (BPP Study Text Q27)
• The process and advantages of administration.
Ethics
• Questions could be either knowledge or application. The focus is likely to be on the roles and responsibilities of directors. A detailed knowledge of the Combined Code is NOT required. (BPP Study Text Q28)
• The law of Insider Dealing or Money Laundering will feature on most papers. (BPP Study Text Q29)
According to BPP following are the topics that are expected to appear in F4 Corporate and Business Law for June 2008 attempt. WARNING: The examiners deliberately try to avoid question spotting. Use the tips as areas to have a good look at, but remember that no-one knows what’s in the exam except the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam. The areas that we would expect to see most regularly in the exam are:
English Legal System • Court Hierarchy and the operation of judicial precedent. (BPP Study Text Q1 Q2)
• How statute is created, delegated legislation – types, advantages, disadvantages and control.
• Impact of the Human Rights Act. (BPP Study Text Q3)
Law of Obligations
• Types of contractual terms – warranties, conditions and innominate terms. (BPP Study Text Q8)
• The rules governing offer, acceptance, consideration and intention in contract formation. (BPP Study Text Q4, Q5, Q6, Q7)
• Breach of contract including common law and equitable remedies. (BPP Study Text Q10 Q11)
• Exclusion clauses, including the common law and statutory restrictions. (BPP Study Text Q9)
• The law of tort - knowledge questions will focus on definitions of the 3 stages in a tort, plus the defenses. Application questions may ask you to advise on whether a tort has been committed and what the likely outcome will be. (BPP Study Text Q12 Q13)
Employment Law • The distinction between Employees and Self-employed workers, how this is made, and why it is important.
• The rights and duties of employees and employers. (BPP Study Text Q14)
• Workers rights upon dismissal including redundancy, unfair, wrongful and constructive dismissal. (BPP Study Text Q15)
Business Formation and Constitution • The law of agency and partnerships – types and duties of partners. (BPP Study Text Q16 Q17)
• How a company is formed and the role of agents. (BPP Study Text Q18 Q19)
• The advantages of trading via a company, how the veil of incorporation can be lifted under common law and statute.
• The contents and impact of the Memorandum and Articles of Association. (BPP Study Text Q20 Q21)
Capital Financing
• The different classifications of share capital and the rules for issuing and paying for new share capital. (BPP Study Text Q22 Q24)
• Fixed and Floating charges. (BPP Study Text Q23)
Management and Administration of Companies
• Defining/describing the different types of meetings and resolutions. (BPP Study Text Q26)
• The statutory general and specific duties of directors. (BPP Study Text Q25)
• Appointment, removal, powers and duties of directors, secretaries and auditors.
Companies in Difficulty
• The difference between compulsory and voluntary (creditor’s and member’s) liquidation. (BPP Study Text Q27)
• The process and advantages of administration.
Ethics
• Questions could be either knowledge or application. The focus is likely to be on the roles and responsibilities of directors. A detailed knowledge of the Combined Code is NOT required. (BPP Study Text Q28)
• The law of Insider Dealing or Money Laundering will feature on most papers. (BPP Study Text Q29)
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