ACCA Corporate and Business Law Exam Format

ACCA Corporate and Business Law exam format

ACCA describes Corporate and Business Law as a two-hour computer-based objective test examination. It has two sections, 100 marks in total, and every question is compulsory.

Length	2 hours, computer based, objective test questions only
Section A	25 two-mark and 20 one-mark objective test questions, 70 marks
Section B	5 multi-task questions of 6 marks, 30 marks
Questions	All compulsory, 100 marks
Pass mark	50%

Length

2 hours, computer based, objective test questions only

Section A

25 two-mark and 20 one-mark objective test questions, 70 marks

Section B

5 multi-task questions of 6 marks, 30 marks

Questions

All compulsory, 100 marks

Pass mark

50%

Section A: 70 marks

25 objective test questions of 2 marks (50% of the exam) and 20 of 1 mark (20%).

Section B: 30 marks

5 multi-task questions of 6 marks each (30% of the exam). Each sets out a short business situation and asks several things about it, and each part earns its own marks.

No written answers

Unlike the other Applied Skills exams, Corporate and Business Law has no constructed response questions: every answer is chosen or entered on screen.

The syllabus

A Essential elements of the legal system
B The law of obligations
C Employment law
D The formation and constitution of business organisations
E Capital and the financing of companies
F Management, administration and the regulation of companies
G Insolvency law
H Corporate fraudulent and criminal behaviour

Pacing

Two hours for 100 marks is 1.2 minutes a mark: about 84 minutes for Section A and 36 for Section B, or about 7 minutes for each multi-task question.

Try 3 questions

Question 1 · Section A · Syllabus A1, A22 marks

The English legal system

Priya runs a garden centre. Elsworth Ltd sues her in the county court, claiming that she failed to pay for plants it supplied.

Which TWO of the following statements about the case are correct? (2 marks)

Tick 2If Elsworth Ltd succeeds, Priya will be found liable and may be ordered to pay damagesElsworth Ltd must prove its case beyond reasonable doubt because it is a companyElsworth Ltd is the claimant and must prove its case on the balance of probabilitiesIf Elsworth Ltd succeeds, Priya will be found guilty and may be finedThe case is brought by the state, which must prove it beyond reasonable doubt

Question 2 · Section A · Syllabus B22 marks

Content of contracts

Kelso plc lets storage space in its warehouse to Halden Ltd. Their contract says: 'Kelso plc accepts no liability for death or injury to any person on the premises, however caused.' Tilde, Halden Ltd's manager, is injured when a shelf collapses because of Kelso plc's negligence.

What effect does the clause have on Kelso plc's liability for Tilde's injury? (2 marks)

It excludes the liability, because Tilde knew about the clauseNone: liability for personal injury caused by negligence cannot be excludedIt has no effect only if Halden Ltd dealt on Kelso plc's written standard terms of businessIt excludes the liability if it satisfies the requirement of reasonableness

Question 3 · Section A · Syllabus F32 marks

Meetings and resolutions

Members of Norcott Ltd have given special notice of a resolution to remove Luca as a director. Luca sends the company written representations of reasonable length and asks for them to be sent to the members, but they reach the company after the notice of the meeting has gone out, too late to be circulated.

What may Luca do? (2 marks)

Nothing, because he is not a member and has no right to be heardNothing more: representations that arrive too late are lost, although he may still be heard orally at the meetingBlock his removal, because his service contract has two years to runRequire them to be read out at the meeting, as well as speak against the resolution

Questions people ask

How many questions are in the ACCA Corporate and Business Law exam?

50: 25 two-mark and 20 one-mark objective test questions in Section A and 5 six-mark multi-task questions in Section B.

How long is the exam?

Two hours. ACCA's study guide calls it a two-hour computer-based objective test examination.

What is the pass mark?

50%. ACCA's study guide says the pass mark for all ACCA Qualification examinations is 50%.

Unofficial practice for the ACCA Corporate and Business Law (LW) exam, not affiliated with ACCA. ACCA is a trademark of the Association of Chartered Certified Accountants, which does not endorse this course. Every question here is original. No VAT is charged.