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Exam Code: BA4
Exam Name: Fundamentals of Ethics - Corporate Governance and Business Law
Updated: Sep 10, 2026
Q & A: 660 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: General Principles of Legal System, Contract and Employment Law | 15% | - Business law fundamentals
|
| Topic 2: Company Administration | 10% | - Corporate legal administration
|
| Topic 3: Corporate Governance, Controls and Corporate Social Responsibility | 45% | - Internal controls and audit
|
| Topic 4: Business Ethics and Ethical Conflict | 30% | - Ethical principles and professional behaviour
|
Which of the following is an example of a safeguard created by the profession, legislation or regulation as opposed to a safeguard in the work environment?
Correct Answer: B π³οΈ
Which of the following resolutions of a private company limited by shares CANNOT be effected by using the written resolution procedure?
(i) An ordinary resolution to dismiss a director.
(ii) A special resolution to misapply statutory pre-emption rights in relation to a new issue of shares.
(iii) An alteration of the articles of association.
Correct Answer: C π³οΈ
C sued D in the tort of negligence in order to recover compensation for injuries suffered as a result of D breaking his duty of care to C.
For what injuries can C claim compensation?
Correct Answer: D π³οΈ
Which of the following is NOT a 'financial stakeholder' of an organization?
Correct Answer: B π³οΈ
Evidence suggests that during a recession, companies with a clear sense of ethical direction will:
Correct Answer: A π³οΈ
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