F4 (CL – ENG) – Chapter 14 – PART D – CBE MCQs – ACCA

These are ACCA F4 English (CL/LW) Corporate and Business Law MCQs for Part-D of the Syllabus “The formation and constitution of business organisations”.

These multiple-choice questions (MCQs) are designed to help ACCA F4 English students to better understand the exam format. We aim to instill in students the habit of practicing online for their CBE exams. By doing so, students can reduce exam stress and prepare more effectively.

Please note:

  • Students should not attempt these MCQs until they have studied the entire chapter.
  • All questions are compulsory, so please do not skip any.

We hope that these MCQs will be a valuable resource for students preparing for the ACCA F4 English (CL/LW) exam.

INFORMATION ABOUT THESE CBE MCQs Test/Quiz

Course:ACCA – Association of Chartered Certified Accountants
Fundamental Level:Applied Skills
Subject:Corporate and Business Law
Paper:F4 English – CL/LW
Chapter:Corporations and legal personality
Chapter Number:14 of the Practice and Exam Kit
Syllabus Area:D – “The formation and constitution of business organisations”
Questions Type:CBE MCQs
Exam Section:Section A

Syllabus Area

These Multiple Choice Questions (MCQs) cover the Syllabus Area Part D of the Syllabus; “The formation and constitution of business organisations” of ACCA F4 English (CL/LW) Corporate and Business Law Module.

Time

These MCQs are not time-bound. Take your time and solve them without stress. Pay proper attention and focus. Do not rush or hesitate.

Result

Students will get their F4 English CBE MCQs Test results after they finish the entire test. They will also be able to see the correct and incorrect answers, as well as explanations for the incorrect questions.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those answers which seem correct/ or incorrect to you, as per the requirement of the question. Keep your eye on the wording “( select all those which are correct/ or incorrect)“.
Drop-down: Select from the list provided.
Type numbers: Type your answer in numbers as per the requirement of the question.

 

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F4 (ENG) - Chapter 14 - Part D - MCQs

Course: ACCA - Association of Chartered Certified Accountants
Subject:
F4 (LW/CL) (ENGLISH) - Corporate And Business Law
Syllabus Area: D - The formation and constitution of business organisations
Chapter in Kit: 14 - Corporations and legal personality
Exam Section: Section A
Questions type: MCQs
Time: No Time Limit

INSTRUCTIONS

  1. If you are using mobile, turn on the mobile rotation and solve the MCQs on wide screen for better experience.

REQUEST

  1. Please rate the quiz and give us feedback once you completed the quiz.
  2. Share with ACCA students on social media such as, Facebook Groups, Whatsapp, Telegram, etc.

1 / 15

Which of the following is a benefit of running a business as a sole trader?

2 / 15

Which of the following statements regarding sole traders is correct?

3 / 15

In a company limited by shares, what is the limit of a member's liability?

4 / 15

Which type of company does NOT have share capital?

5 / 15

How much is the minimum issued share capital of a public company?

6 / 15

Which of the following is an effect of a company's separate legal personality?

7 / 15

In which of the following situations will the courts lift the veil of incorporation?

8 / 15

Which of the following indicates that a business is being run as a sole trader?

9 / 15

A group of friends wish to set up a business. They wish to limit their liability for the business' debts to an amount that they agree to when the business is formed.

Which of the following businesses is most suitable to the needs of the group?

10 / 15

Which TWO of the following are true regarding public companies?

11 / 15

Which of the following is NOT a criterion that a company must meet if it is to qualify for the small companies' regime?

12 / 15

Which term is used to describe the type of company that has its shares traded on a public stock exchange?

13 / 15

Which of the following statements regarding parent companies is NOT correct?

14 / 15

Which of the following statements in regards to a company's legal personality is correct?

15 / 15

In which TWO of the following circumstances may the veil of incorporation be lifted?

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