1. Which one of the following is the highest court in England? A. The Court of Appeal. B. The Supreme Court (House of Lords). C. The High Court. D. The Crown Court. 2. Consideration need not be adequate but must be: A. Money. B. Sufficient. C. Of equivalent value to the goods. D. Accepted. 3. In the event of a breach of contract, what is the purpose of damages? I. To punish the contract breaker. II. To compensate the innocent party. II. To put the innocent party in the same position as if the contract had been carried out correctly. A. (1) only. B. (II) and (II) only. C. (III) only. D. (1), (1I) and (III). 4. Which one of the following is not an essential element of the tort of negligence? A. A duty of care owed to the claimant. B. A breach of the duty of care. C. An intention to cause loss or injury. D. Loss or injury caused by the defendant's breach. 5. In the context of employment law and statutory protection for the self-employed, which of the following statements is correct? A. The self-employed are entitled to a minimum wage B. The self-employed are entitled to a minimum notice period C. The self-employed are entitled to protection from unfair dismissal D. There is no statutory employment protection available to the self-employed 6. Which of the following statements is correct about employer's liability? I. An employer is vicariously liable for the torts of employees committed in the course of their employment. II. An employer is vicariously liable for the torts of independent contractors, if they were committed whilst carrying out work for the employer. A. (I) only. B. (II) only C. Both (I) and (II) D. Neither (I) nor (II) 7. An employer must provide an employee with a written statement of particulars of the employment: A.Within one month of the employment commencing B. As soon after the commencement of employment as possible C.Within two months of commencement of the employment D. Within a reasonable time of the employment commencing 8. A company's contractual capacity before incorporation is limited in that it may: A. Only make contracts necessary to form the company. B. Only ratify, once formed, contracts necessary to form the company. C. Only make or ratify, once formed, contracts necessary to form the company. D. Not make or ratify, once formed, any contract even if necessary to form the company. 9. A fixed charge is: A. A charge over specific company property that prevents the company from dealing freely with the property in the ordinary course of business. B. A charge over a class of company assets that enables the company to deal freely with the assets in the ordinary course of business. C. A charge over specific company property that enables the company to deal freely with the assets in the ordinary course of business. D. A charge over company land enabling the company to deal freely with the land in the ordinary course of business. 10. Which one of the following statements is correct about company secretary? A. Both a public and a private company must have a company secretary. B. The company secretary is appointed by the members. C. In a public company the company secretary must be qualified. D. Company secretaries can bind companies in a contract if acting outside their actual or apparent authority. 11. In the English legal system, which two of the following are the parties involved in a civil case? A. Prosecution and Claimant B. Prosecution and Accused C. Accused and Defendant D. Claimant and Defendant 12. Which of the following statements about damages for breach of contract is correct? A. In order to claim damages an innocent party is required to take reasonable steps to mitigate their losses B. Damages are not payable in relation to mental distress C. Damages to rectify a defect are still payable even if they are wholly disproportionate to the size of the breach D. Damages in the form of a penalty clause are valid and enforceable 13. A director who has not been validly appointed but is held out by the company to be a director is called: A. De facto director B. De jure director C. Alternate director D. Shadow director 14. What is the name given to the person in charge of a voluntary winding-up of a company? A. Administrator B. Receiver C. Chargee D. Liquidator 15. Before it can trade, which of the following criteria must a public company meet? A. Its shares must be listed on a stock exchange B. It must have appointed an auditor C. It must obtain a trading certificate from the Registrar of Companies D. It must haye annointed a secretary