F4 (CL – ENG) – Chapter 3 & 4 – PART B – CBE MCQs – ACCA

These are ACCA F4 English (CL/LW) Corporate and Business Law MCQs for Part-B of the Syllabus “The law of obligations”.

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:Formation of contract
Chapter Number:03 and 04 of the Practice and Exam Kit
Syllabus Area:B – “The law of obligations”
Questions Type:CBE MCQs
Exam Section:Section A

Syllabus Area

These Multiple Choice Questions (MCQs) cover the Syllabus Area Part B of the Syllabus; “The law of obligations” 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 03 and 04 - Part B - MCQs

Course: ACCA - Association of Chartered Certified Accountants
Subject:
F4 (LW/CL) (ENGLISH) - Corporate And Business Law
Syllabus Area: B - The law of obligations
Chapter in Kit: 03 and 04 - Formation of contract
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 / 30

Which of the following contracts must be in the form of a deed?

2 / 30

In relation to contract law, which of the following describes an offer?

3 / 30

In a sale by auction that is stated to be 'without reserve', at which point is an offer made?

4 / 30

In relation to contract law, how long will an offer remain open if no time period is set for its expiry?

5 / 30

Which of the following will terminate an offer?

6 / 30

Which of the following is NOT a valid method of acceptance?

7 / 30

Which of the following statements regarding the postal rule is correct?

8 / 30

Which of the following is an example of a standard form contract?

9 / 30

Which of the following statements concerning the law and contracts is correct?

10 / 30

Which TWO of the following are examples of valid offers?

11 / 30

Which of the following is an example of a valid offer?

12 / 30

Which of the following statements regarding counter-offers is correct?

13 / 30

In which of the following situations will an offer be terminated?

14 / 30

Which of the following would be regarded as valid, binding acceptance?

15 / 30

Which TWO of the following statements regarding acceptance of an offer are correct?

16 / 30

Which of the following is executed consideration?

17 / 30

Which of the following describes how courts deal with the adequacy of consideration?

18 / 30

Which of the following statements regarding the adequacy and sufficiency of consideration is correct?

19 / 30

Which of the following is true regarding privity of contract?

20 / 30

Which of the following is NOT an exception to the rule of privity of contract?

21 / 30

Which of the following statements regarding intention to create legal relations is correct?

22 / 30

Which of the following indicates that the parties intend to be legally bound?

23 / 30

Which of the following is a correct rule for valid consideration?

24 / 30

Which of the following statements is true of consideration?

25 / 30

Where a party accepts part payment for a debt, they may at a later date request payment of the amount outstanding unless the other party provided extra consideration when making the part payment.

Which TWO of the following are valid extra consideration for part payment of a debt?

26 / 30

Which of the following statements regarding consideration is correct?

27 / 30

Which of the following statements concerning privity of contract is correct?

28 / 30

The Contracts (Rights of Third Parties) Act 1999 sets out the circumstances where a third party has a right to enforce rights they may have under a contract.

Which of the following statements concerning the Contracts (Rights of Third Parties) Act 1999 is correct?

29 / 30

Which of the following is true regarding presumptions of intention to create legal relations?

30 / 30

Which TWO of the following social, domestic and family contracts would be presumed by the courts as intended to be legally binding?

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