Legal Aspects for Business

1.              A criminal case is known as a: 

• Claim

• Prosecution

• Charge

   Which court would be likely to try a case involving the recovery of a debt worth £5,000? 

• Magistrates’ court 

• High Court 

• Crown Court 

• County court 

In the context of case law, which of the following applies to an obiter dictum?

• It is not binding on any courts

• It is not binding outside the court it was issued in

• It is binding on all future courts

• It is binding on all lower courts.

In the context of the English legal system, which of the following defines the ratio decidendi of a judgment?

• The future application of the case

• The decision in a previous case

• The legal reason for deciding the case

• The facts of the case

It is 3 weeks before B Ltd manage to supply Adriana with a replacement chest freezer. Adriana estimates that each freezer should enable her to make an extra profit of £500 per week. What sum will Adriana be able to claim by way of damages for breach of contract?

• £500

• £1,000

• £1,500

• £3,000

Which is the lowest civil court structure under the English Legal System?

• Magistrates Court

• Crown Court

• County Court

• High Court

Which court would be likely to try a case involving a breach of contract where damages for £7,000 loss of profits is claimed?

• Magistrates’ court

• High Court

• Crown Court

• County court

Which of the following is not a fair reason for dismissal?

• Capability or qualifications

• Conduct

• Redundancy

• Trade Union activism

Which parties are potentially bound by the terms of the tender when one party submits a tender?

• The person requesting the tender

• The person submitting the tender

• Both parties

• Neither party

The minimum share capital of a public limited company is:

• £5,000

• £150,000

• £50,000

• £12,000