C、Specific damages D、 Nominal damages
10 Which of the following applies to the concept of enlightened shareholder value?
A、 It is the price shares can be expected to raise if they were to be sold B、It is the yardstick for assessing the performance of directors’ duties C、 It is the standard of behaviour expected of shareholders in general meetings 11 Which of the following involves a summary dismissal in relation to a contract of employment?
A、Both parties agree to end the contract immediately without notice B、The employee breaks the contract without notice C、The employer terminates the contract without notice
12 What qualification is the company secretary of a private limited company required to have?
A、 An appropriate legal qualification
B、 An appropriate professional qualification such as ACCA C、 No qualification
13 Statutory redundancy payment is calculated on the basis of which of the following?
A、Length of service and pay only B、 Age and length of service only C、Age, length of service and pay
14 In relation to wrongful trading, the standard against which the conduct of directors will be assessed is which of the following?
A、Purely subjective, depending on the actual skill of the director
B、Purely objective, depending on what is expected of a director in that position