Wrongful trading Study guides, Revision notes & Summaries

Consolidation Notes on BLP's Insolvency covering: - Insolvency procedures (consensual agreement, pre-insolvency moratorium, formal arrangements, fixed charge receiver, administrative receiver, administration, liquidation) - Order of priority in an insolvency - Director personal liability in the event of liquidation or administration (fraudulent trading, wrongful trading, misfeasance) - Voidable transactions (transactions at an undervalue, preference, avoidance of floating charge, tran...

QUESTION 1 1.1 Discuss the meaning of the term “ubuntu”. Ubuntu is an African indigenous philosophy that is the measure of human behaviour. It is the ideal to live life selflessly and to make sacrifices for others who, in turn, will live selflessly. It places the well-being of the individual in all transactions. It is similar to the audi alteram partem rule, which means that both sides of the story must be heard. Ubuntu is attributed to co...

In a lawsuit, the plaintiff is: Select one: a. the party that responds to a lawsuit. b. the supervisor of the jury. c. the party that initiates a lawsuit. d. a lawyer representing an organization - ANSWER c. the party that initiates a lawsuit. Insider trading is considered a form of: Select one: a. larceny. b. securities fraud. c. bribery. d. blackmail. - ANSWER b. securities fraud A lawyer's first duty is to: Select one: a. the administration of justice. b. his or her clie...

1 BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above...

BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above. ...

BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above. ...

CFE Exam 349 Questions with Verified Answers Falsified Hours & Salary Schemes - CORRECT ANSWER The most common method of misappropriating funds from the payroll is the overpayment of wages. For hourly employees, the size of a paycheck is based on two factors: the number of hours worked and the rate of pay. Therefore, for hourly employees to fraudulently increase the size of their paycheck, they must either falsify the number of hours they have worked or change their wage rate. Common ways ...

1 BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above...

11 Student: _______________________________________________________________________________________ True False True False True False True False True False True False True False True False True False True False True False True False True False True False True False True False True False 1. Human Resources Management is the process of deciding the number and types of people your business needs, and then, recruiting, selecting, developing, motivating, evaluating, compensating, ...

BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above. ...