Corporate and Business Law Paper F4(English)

1 Explain the meaning and effect of delegated legislation, and evaluate its advantages and disadvantages, and how it is controlled by both Parliament and the courts. (10 marks) 2 In relation to the contents of a contract explain the following: (a) terms; (2 marks) (b) conditions; (3 marks) (c) warranties; (3 marks) (d) innominate terms. (2 marks) (10 marks) 3 In relation to the tort of negligence explain the meaning of ‘duty of care’. (10 marks) 4 State the documents necessary and the procedure to be followed in registering a public limited company and enabling it to start trading. (10 marks) 5 In relation to company law explain and distinguish between the following: (a) annual general meeting; (5 marks) (b) extraordinary general meeting; (2 marks) (c) class meeting. (3 marks) (10 marks) 6 (a) Explain briefly what is meant by ‘corporate governance’. (4 marks) (b) Within the context of corporate governance examine the role of, and relationship between executive directors and non-executive directors. (6 marks) (10 marks) 7 In relation to employment law, explain the operation of the rules relating to redundancy