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When the land is owned by a company,...
there must be registration of both legal and equitable mortgages
there must be registration of the equitable mortgage
registration of a mortgage is not necessary
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
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
Contracts for the sale of goods include ...
agreements to sell
contracts of bailment
contracts for hire of goods
Fiduciary duties of employees are implied into a contract of employment...
by the common law
by statute
are not implied
A statement of law is binding for future similar disputes if...
it forms the basis of the decision
is made by the way
it is based on a hypothesis
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
Companies limited by shares are usually set up for...
trading purposes
charitable purposes
educational purposes
Allowing water to escape from reservoirs is a tort affecting .
property
economic rights
general rights
In a bankruptcy the estate of an insolvent person passes...
into the control of the bankruptcy court
into the control of the creditors
into the control of a trustee
A subsidiary company is owned...
by a holding company
by a sole trader
by a partnership
The loan agreement provides for repayment of loan plus interest …
at any time subject to no restrictions
at any time subject to reasonable restrictions
exactly by the legal date of redemption
he bankruptcy order is published in…
the Financial Times
the London Gazette
the Business Week
Things which are capable of physical possession are included into …
incorporeal property
tangible property
intangible property
Ratification of the contract can be possible if …
it concerns a part of the contract
the contract is not void or a forgery
it takes place after the time fixed for the performance of the contract
The Department of Trade and Industry may appoint inspectors…
on the application of 100 shareholders
on the application of 1 shareholder
on the application of members holding not less than one tenth of the shares.
A holder of bearer shares becomes a member of the company…
if Articles of the company allow that
automatically
according to the decision of the directors of the company
According to the contract, the goods must be transferred …
for other goods
for securities
for money
Directors of a public company can be appointed…
at any age
at the age under 70
at the age under 60
The employer must provide written statement of the following terms …
maternity rights
provision of safe tools and equipment
pension rights
Private limited companies cannot raise money…
by selling shares
by inviting other members
by making loans
The power to order that a merger shall not go ahead lies with…
the Secretary of State
the Director General of Fair Trading
the Monopolies and Mergers Commission
The term “goods” includes all “chattels personal” that are …
tangible
immovable
intangible
The highest court of appeal in Britain is…
House of Lords
Civil Court of Appeal
Criminal Court of Appeal
Supervising trading practices is one of the main duties of…
the Monopolies and Mergers Commission
the Director General of Fair Trading
the Consumer Protection Advisory Committee
The major source of the English law which takes precedence over the others is…
legislation
European Community law
case law
A mortgage is void against a subsequent purchaser …
if it is legal without title deed
if it is not registered in the Land Charges Registry
if it is not legal
A consent of the principal …
must be given in written form
can be verbal, in writing or by deed
is to be given by deed
An employer must make a redundancy payment to an employee who has been employed …
for two years
for a month
for a year
The Monopolies and Mergers Commission consists of…
three members
not less than 10 members
not more than 30 members