ACCA F4 – Corporate & Business Law

F4 in a Day
24 hours of questions
This list of questions enables you to review key skills and syllabus areas in preparation for your rehearsal
phase – attempting a Mock exam or attending a Question Day – and ultimately your F4 exam.

You may have already completed some of these questions during your course but they are worthy of being
revisited due to the knowledge covered or skills tested. Other questions may either have been set for
homework or are new to you. To be fully prepared we advise you to plan to cover the complete list of
questions but in recognising that time may be limited the questions are prioritised into “must do”, “should
do” and “could do” categories each of 8 hours.

The time allowed is 30 minutes per question. This is not the time to complete the questions (that's 1.8
minutes per mark) - it includes time for you to attempt the question and thoroughly review the solution.
There is a checklist to review your progress.

R = Recording of question debrief available on MyStudy

ACCA F4 24 hours of questions

Qn No. Name of Question Purpose of question/area examined Time 
allowed
“Must Do” – first 8 hours of question practice
2 Legal system and Civil v criminal law 30 mins
courts
8 Courts & precedent The law of precedent 30 mins
18 R Ali Offer & Acceptance and the postal rules 30 mins
24 Ace Ltd Another scenario on contract formation 30 mins
33 Ade & Chip Contract breach 30 mins
43 R Remoteness & How damages are assessed 30 mins
measure of damages
50 R Principles of tort Elements of the tort of negligence 30 mins
58 Redundancy Meaning of redundancy and awards 30 mins
68 Unlimited and limited Partnership types 30 mins
partnerships
74 Geo, Ho & Lo Dissolution of a partnership 30 mins
81 Co registers and The records and registers that a Co must keep 30 mins
accounting records
90 Shares & debentures Defining share capital and debentures 30 mins
92 Capital terms III Company financing 30 mins
106 Appointment and Appointing and removing Co Directors 30 mins
removal
119 Lazy Days Administration orders 30 mins
127 R Huge plc Insider dealing 30 mins
 “Should do” – next 8 hours of question practice
13 Primary & secondary Creation of legislation and its regulation by the courts 30 mins
legislation
26 R Presumption & rebuttal Implied intention in contracts 30 mins
45 AZ Ltd Contract breach and remedies 30 mins
52 Roger & Lulu Defences in tort 30 mins
65 Eve & Fred Rights upon dismissal 30 mins
70 Clare, Dan & Eve Liability for partnership debts 30 mins
79 Doc Separate legal personality 30 mins
87 Various terms Describe LLP, Ltd and plc terms 30 mins
91 Capital terms II Describe types of share capital 30 mins
97 Lux Ltd Class rights 30 mins
99 Dividends How dividends are funded 30 mins
105 Implied authority and Implied authority of a company secretary 30 mins
company secretary
115 Clean Ltd Breach of directors’ duties 30 mins
122 Earl Rights and liabilities on liquidation 30 mins
124 Directors and Corporate Explain corporate governance and the role of non-executive directors 30 mins
Governance II
131 Ian Explain the process and control of money laundering 30 mins

Mock Exam 3 Attempt the December 2012 exam in full, and read the solutions in full 4 hours
Mock Exam 2 Attempt the exam in full, and read the solutions in full 4 hours

What to expect on your Question Day

A Question Day is very different to a revision course. It is the final step in ensuring you are as prepared as
possible for exam success.
The objectives are two-fold: -

 To experience real exam conditions and truly test how well prepared you are
 To pinpoint specific improvement areas through 1:1 feedback from your tutor/marker

During the day you will: -

 Be reminded of the key exam skills you need to pass your exam.
 Attempt a full mock exam without a ‘helping hand’ from your tutor - so you experience the real
pressures you’ll face in the real exam.
 Get a true understanding of how good you are at time management and what you need to do
differently on exam day.
 Receive a mark per question/in total along with specific feedback on practical steps you can
take to improve your performance.
 Be taken through a full debrief of the exam, where you will be shown where the easy marks
were, pitfalls to avoid, how to interpret the requirements, and how best to plan and layout your
answers.
 Have the opportunity to discuss your script on a 1:1 basis with your tutor/marker

You should come to your Question Day as if it were the real exam. At this late stage in your
studies your aim must be to fine tune your exam technique and how you apply your knowledge –
so come to your Question Day as prepared as possible. This is the best way to ensure success
in the real exam

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