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1. The power to order that a merger shall not go ahead lies with…
the Secretary of State
the Director General of Fair Trading
the Monopolies and Mergers Commission
2. The term “goods” includes all “chattels personal” that are …
tangible
immovable
intangible
3. The highest court of appeal in Britain is…
House of Lords
Civil Court of Appeal
Criminal Court of Appeal
4. A company which develops a new product, protects this invention ...
by a patent
by an insurance policy
by a share certificate
5. When the land is owned by a company,...
there must be registration of both legal and equitable mortgages
there must be registration of the equitable mortgage
registration of a mortgage is not necessary
6. If a minority shareholder does not agree with the majority...
the majority must agree with him
the court will support him
he must accept the decision of the majority
7. A shareholder has the right...
to receive a proportion of the profits of the company
to sell the assets of the company
to give instructions to the directors of the company
8. Contracts for the sale of goods include ...
agreements to sell
contracts of bailment
contracts for hire of goods
9. Fiduciary duties of employees are implied into a contract of employment...
by the common law
by statute
are not implied
10. A statement of law is binding for future similar disputes if...
it forms the basis of the decision
is made by the way
it is based on a hypothesis
11. A person cannot be a partner if...
it is a limited company
he or she is an enemy alien
he or she is a minor
12. Companies limited by shares are usually set up for...
trading purposes
charitable purposes
educational purposes
13. Allowing water to escape from reservoirs is a tort affecting .
property
economic rights
general rights
14. In a bankruptcy the estate of an insolvent person passes...
into the control of the bankruptcy court
into the control of the creditors
into the control of a trustee
15. A subsidiary company is owned...
by a holding company
by a sole trader
by a partnership
16. The loan agreement provides for repayment of loan plus interest …
at any time subject to no restrictions
at any time subject to reasonable restrictions
exactly by the legal date of redemption
17. he bankruptcy order is published in…
the Financial Times
the London Gazette
the Business Week
18. Things which are capable of physical possession are included into …
incorporeal property
tangible property
intangible property
19. Ratification of the contract can be possible if …
it concerns a part of the contract
the contract is not void or a forgery
it takes place after the time fixed for the performance of the contract
20. The Department of Trade and Industry may appoint inspectors…
on the application of 100 shareholders
on the application of 1 shareholder
on the application of members holding not less than one tenth of the shares.
21. A holder of bearer shares becomes a member of the company…
if Articles of the company allow that
automatically
according to the decision of the directors of the company
22. According to the contract, the goods must be transferred …
for other goods
for securities
for money
23. Directors of a public company can be appointed…
at any age
at the age under 70
at the age under 60
24. The employer must provide written statement of the following terms …
maternity rights
provision of safe tools and equipment
pension rights
25. Private limited companies cannot raise money…
by selling shares
by inviting other members
by making loans
26. Supervising trading practices is one of the main duties of…
the Monopolies and Mergers Commission
the Director General of Fair Trading
he Consumer Protection Advisory Committee
27. The major source of the English law which takes precedence over the others is…
legislation
European Community law
case law
28. A mortgage is void against a subsequent purchaser …
if it is legal without title deed
if it is not registered in the Land Charges Registry
if it is not legal
29. A consent of the principal …
must be given in written form
can be verbal, in writing or by deed
is to be given by deed
30. An employer must make a redundancy payment to an employee who has been employed …
for two years
for a month
for a year
31. The Monopolies and Mergers Commission consists of…
three members
not less than 10 members
not more than 30 members
32. The mortgagor may create ...
second and subsequent mortgages overthe same property
only one mortgage over
not more than two mortgages over the same property
33. Employees are entitled to notice which could be a month …
for senior managers
for other managers
for senior clerical workers
34. A shareholder of a public company can sell his shares freely…
if other shareholders agree
if majority shareholder gives his consent
if the shares are dealt with on the Stock Exchange or the AIM
35. Leasehold estate which incudes the renewable yearly lease is …
the “term of years”
the “estate by sufferance”
the “estate at will”
36. General agents have …
unlimited authority
authority for a specific purpose
authority to act within certain limits
37. In case of trespass to land the duty is owed …
to the possessor if he is the owner
to the owner
to the possessor even if he is not the owner
38. The East India Company was created...
by Royal Charter
under Companies Act
by special Act of Parliament
39. Public limited companies can have…
two directors
no directors
one director
40. Agency of necessity can arise on condition that …
there is some emergency
the person charged with responsibility can get instructions from the owner of the property
there are no pre-existing contracts giving the agent responsibility for the property of another
41. The bankruptcy order is published in...
the Business Week
the London Gazette
the Financial Times
42. The bankruptcy petition can be presented by...
а creditor
the trustee
а magistrate
43. The capital clause of the Memorandum states...
the authorized capital
the capital assets
the actual capital raised
44. A mortgage can be set aside
if the presumption of undue influence has been rebutted in the Court
can never be set aside
if it has been obtained by undue influence
45. The rights of inheritance are unrestricted in case of
fee tail estate
life estate
fee simple estate
46. Dismissal of an employee is considered fair if the reason is …
redundancy
that the employee is a member of an independent trade union
pregnancy
47. If a partner secretly carries on a competing business, he…
must sell that business
must pay to the firm all profits made by him in that business
will be expelled
48. Fiduciary duties are owed …
by buyers to sellers
by sales clerks to the customers
by employees to their employers
49. Trading in a name similar to that of another similar business affects
reputation
economic rights
general rights
50. Legal rights attach to...
corporations only
natural persons only
natural and artificial persons
51. If the principal refuses to ratify the transaction…
no one will be liable for damages
the agent will be liable for damages
the principal will be liable for damages
52. Choses capable of negotiation are classified as negotiable instruments and include…
postal orders
bills of lading
bills of exchange
53. The term 'goods" includes all "chattels personal" that are…
immovable
intangible
tangible
54. To control rogue dealers, the DG may bring proceedings...
in the Restrictive Practices Court
in the Crown Court
in the High Court
55. Sole trader...
has limited liability
shares losses with the people he employs
is liable for all his debts
56. The Register of the Company must be kept...
in the office of the CEO
in the residence of the majority shareholder
at the registered office
57. A director of a public company can be disqualified…
by the court
by the annual meeting of shareholder
by a majority shareholder
58. A separate legal person is created in setting up business as…
a partnership
a registered company
a sole trader
59. Partnership can be set up between persons carrying on a business…
for any purpose
for charitable purpose
only for receiving profits
60. The transfer of property to the buyer is the main purpose …
of the contract for the sale of goods
of the contract for labor and materials
of the contract for service
61. Carrying on an offensive trade, obstructing the highway is…
trespass to land
public nuisance
private nuisance
62. Preference shareholders have the right
to receive surplus assets
to receive a fixed dividend prior to ordinary shareholders
to receive an unlimited dividend
63. To take part in the management of a registered company, a bankrupt must get...
the creditors' consent
the trustee's consent
the court' consent
64. The following products are excluded from liability under the Consumer Protection Act:
vapors
unprocessed game
electricity
65. Negligence is an actionable wrong affecting …
property
the person
general rights
66. A bankrupt must disclose his status if he wants to obtain…
a credit of 250 pounds or more
a credit of more than 50 pounds sterling
a credit
67. Choose the right ending of the sentence General agents have …
authority for a specific purpose
authority to act within certain limits
unlimited authority
68. Carrying on an offensive trade, obstructing the highway is …
public nuisance
private nuisance
trespass to land
Список литературы
Важно!. Информация по изучению курса
Тема 1. The Structure of English legal System
Тема 2. Business Organisations 1
Тема 3. Business Organisations 2
Тема 4. Business Organisations 3
Тема 5. Shares and Shareholders
Тема 6. Consumer Protection
Тема 7. Bankruptcy
Тема 8. The Law of Agency
Тема 9. The Law of Tort
Тема 10. The Law of Contract
Тема 11. Contracts of Employment
Тема 12. The Nature and Classification of Business Property
Тема 13. The Nature of Security