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F4 – (CL – GLO) – MCQ’s Quiz – #1 | ACCA

ACCA F3 MCQs Skills

This is Quiz #1 for ACCA F4 (LW – GLOBAL) Corporate and Business Law Students.

These Quizzes are designed in a way that students could better understand the exam format and get used to practice online. This approach will reduce the exam stress and students will able to prepare better.

We request the students, do not take the quiz until they have finished the syllabus.

All the questions are compulsory, so do not skip any.

Number of the Questions

This Quiz consists of 15 Questions which covers the entire F4 (LW – GLOBAL) syllabus.

Time

The Quiz have a timer. Students have to finish the quiz within the given time period.
As in ACCA Exam, there are 1.8 minutes per mark. So each 2 marks question have 3.6 minutes to complete. The Quiz have 15 questions, so Students have total 54 minutes to complete the quiz.

Result

Students can see your result at the end of the quiz further the correct and wrong questions. Moreover, the explanation of wrong questions.

Types of Questions

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

Keywords

ACCA F4 Quiz
LW Global Quiz
ACCA LW Multiple Choice Questions
Corporate and Business Law Online Multiple Choice Questions
ACCA F4 LW Practice Questions
F4 LW Global Practice Questions
ACCA Corporate and Business Law Online Practice Questions
F4 Corporate and Business Law Quiz Online
Corporate and Business Law Global Quiz Online
LW Quiz
F4 Global Quiz
ACCA Quiz

1 votes, 1 avg

167

F4 - LW - GLOBAL - Quiz #1

You have 15 Questions to complete within 54 minutes.
You will see the Result at the end of the quiz.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those which seems to you correct/ or incorrect, as per the requirement of the question. (Wording: select all those which are correct)
Dropdown: Select from the list provided.
Type: Type your answer in numbers as per the requirement of the question.

1 / 15

1. Which of the following is the key source of law in France?

2 / 15

2. What is the combination of a country's written constitution and national rules of law together are known as?

3 / 15

3. Lydia purchases unidentified goods from Ide and agrees that Ide should arrange carriage.

What must Ide do when the goods are ready for dispatch?

Arrange for carriage and insurance to Lydia's place of business

Arrange for delivery to Lydia within ten days

Send Lydia a notice of consignment, specifying the goods

Place the goods at Lydia's disposal where the specific stock was located when the contract was concluded

4 / 15

4. Under the UNCITRAL Model Law on International Credit Transfers, at which point does the sender make payment to the receiving bank?

When the receiving bank debits the sender's account which it holds

When the sender hands over a cheque for the relevant amount

When the sender hands over the relevant amount of cash

When the receiving bank credits the sender's account which it holds

5 / 15

5. Separation of powers is a feature of many political systems.

Which parties' powers are said to be separated?

The judiciary, the executive and the legislature

The police and the judiciary

The head of the executive and the head of the legislature

The head of state and the head of the judiciary

6 / 15

6. Under the UNCITRAL Model Law on International Credit Transfers, which of the following is the obligation of the sender of a payment order?

To authenticate the payment order when requested by the receiving bank

To pay the receiving bank for the payment order when the receiving bank accepts it

To authenticate the payment order when requested by the sending bank

To pay the sending bank for the payment order when the receiving bank accepts it

7 / 15

7. Which of the following statements in relation to the application and scope of the UN Convention on Contracts for the International Sale of Goods (UNCISG) is correct?

The nationalities of the parties are taken into account when determining whether the UNCISG applies

If the parties did not know that their places of business were in different states when the contract was concluded then the UNCISG does not apply

The UNCISG covers the seller's liability for death or personal injury caused by the goods to any person

Agreed customs between the parties are ignored if the contract is covered by UNCISG

8 / 15

8. Which of the following is NOT a way in which an offer under the UN Convention on Contracts for the International Sale of Goods (UNCISG) comes to an end?

Revocation

Rejection

Acceptance

Withdrawal

9 / 15

9. A buyer and a seller have not agreed where goods are to be delivered. The contract does not involve carriage and the goods are unidentified.

In this case, when does the seller discharge their obligation to make delivery?

When they place the goods at the buyer's disposal at the buyer's place of business when the contract was concluded

When they hand over the goods to the first carrier

When they place the goods at the buyer's disposal at the seller's place of business when the contract was concluded

When they hand over the goods to the buyer at the seller's place of business when the contract was concluded

10 / 15

10. The rules on international credit transfers set out by UNCITRAL take which of the following forms?

A code of practice

National laws

A model law

A convention

11 / 15

11. A problem can occur when people in different sovereign states with different legal rules trade with each other.

What is this problem known as?

National law

Conflict of laws

Rule of law

International law

12 / 15

12. Which of the following sales does the UN Convention on Contracts for the International Sale of Goods (UNCISG) NOT apply to?

A sale of shares to a stockbroker

A sale of school uniforms to a shop

Sale of cosmetics to a shop

13 / 15

13. Which ICC Incoterm involves the least involvement of the seller in carrying and insuring goods?

14 / 15

14. Which of the following issues are dealt with by using ICC Incoterms in contracts for the international sale of goods?

Rules on paying customs duties

Rules on instalment contracts

Rules on paying the contract price

15 / 15

15. Under the UN Convention on Contracts for the International Sale of Goods (UNCISG), if an offeree wishes to withdraw acceptance when must the withdrawal reach the offeror?