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1.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
2.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
3.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
4.Contracts for the sale of goods include ...
agreements to sell
contracts of bailment
contracts for hire of goods
5.Fiduciary duties of employees are implied into a contract of employment...
by the common law
by statute
are not implied
6.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
7.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
8.Companies limited by shares are usually set up for...
trading purposes
charitable purposes
educational purposes
9.Allowing water to escape from reservoirs is a tort affecting .
property
economic rights
general rights
10.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
11.A subsidiary company is owned...
by a holding company
by a sole trader
by a partnership
12.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
13.The bankruptcy order is published in…
the Financial Times
the London Gazette
the Business Week
14.Things which are capable of physical possession are included into …
incorporeal property
tangible property
intangible property
15.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
16.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.
17.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
18.According to the contract, the goods must be transferred …
for other goods
for securities
for money
19.Directors of a public company can be appointed…
at any age
at the age under 70
at the age under 60
20.The employer must provide written statement of the following terms …
maternity rights
provision of safe tools and equipment
pension rights
21.Private limited companies cannot raise money…
by selling shares
by inviting other members
by making loans
22.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
23.The term “goods” includes all “chattels personal” that are …
tangible
immovable
intangible
24.The highest court of appeal in Britain is…
House of Lords
Civil Court of Appeal
Criminal Court of Appeal
25.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
26.The major source of the English law which takes precedence over the others is…
legislation
European Community law
case law
27.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
28.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
29.An employer must make a redundancy payment to an employee who has been employed …
for two years
for a month
for a year
30.The Monopolies and Mergers Commission consists of…
three members
not less than 10 members
not more than 30 members