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The term "goods" includes all "chattels personal" that are ... tangible intangible immovable 3. A shareholder of a public company can sell his shares freely... if other shareholders agree if majority shareholder gives his consent if the shares are dealt with on the Stock Exchange or the AIM 4. The mortgagor may create ... only one mortgage over the same property not more than two mortgages over the same property second and subsequent mortgages over the same property 5. Employees are entitled to notice which could be a month ... for senior managers for other managers for senior clerical workers 6. When the land is owned by a company,... there must be registration of the equitable mortgage there must be registration of both legal and equitable mortgages О registration of a mortgage is not necessary 7. Contracts for the sale of goods include … agreements to sell contracts of bailment contracts for hire of goods 8. Private limited companies cannot raise money… by selling shares by making loans by inviting other members 9. The secretary of a private company… must be qualified as a chartered secretary, an accountant or a lawyer must have work experience as a company secretary need not have any personal qualifications 10. The bankruptcy petition can be presented by… a magistrate the trustee a creditor 11. To take part in the management of a registered company, a bankrupt must get… the trustee’s consent the court’ consent the creditors’ consent 12. If the principal refuses to ratify the transaction... the agent will be liable for damages the principal will be liable for damages no one will be liable for damages 13. Choses capable of negotiation are classified as negotiable instruments and include ... bills of lading bills of exchange postal orders 14. If a minority shareholder does not agree with the majority... the majority must agree with him the court will support him he must accept the decision of the majority 15. Leasehold estate which incudes the renewable yearly lease is ... the "estate by sufferance" the "estate at will" the "term of years" 16. Sole trader... has limited liability is liable for all his debts shares losses with the people he employs 17. A person cannot be a partner if... it is a limited company he or she is an enemy alien he or she is a minor 18. A consent of the principal... is to be given by deed must be given in written form can be verbal, in writing or by deed 19. The Monopolies and Mergers Commission consists of... three members not more than 30 members not less than 10 members 20. Fiduciary duties of employees are implied into a contract of employment... by the common law are not implied by statute 21. A holder of bearer shares becomes a member of the company... if Articles of the company allow that according to the decision of the directors of the company automatically 22. A mortgage is void against a subsequent purchaser... if it is not legal if it is legal without title deed if it is not registered in the Land Charges Registry 23. Directors of a public company can be appointed... at any age at the age under 60 at the age under 70 24. Choose the right ending of the sentence General agents have ... authority for a specific purpose authority to act within certain limits unlimited authority 25. In case of trespass to land the duty is owed ... to the owner to the possessor if he is the owner to the possessor even if he is not the owner 26. In a bankruptcy the estate of an insolvent person passes... into the control of the bankruptcy court into the control of a trustee into the control of the creditors 27. A shareholder has the right... to receive a proportion of the profits of the company to sell the assets of the company to give instructions to the directors of the company 28. A bankrupt must disclose his status if he wants to obtain... a credit a credit of more than 50 pounds sterling a credit of 250 pounds or more 29. Things which are capable of physical possession are uncluded into ... tangible property intangible property incorporeal property