CPA
Foundation Leval
Introduction to Law and Governance May 2021
Suggested Solutions
Revision Kit
➧ | Introduction to Law and Governance-September-2015-Pilot-Paper |
➧ | Introduction to Law and Governance-November-2015-Past-Paper |
➧ | Introduction to Law and Governance-May-2016-Past-paper |
➧ | Introduction to Law and Governance-November-2016-Past-Paper |
➧ | Introduction to Law and Governance-May-2017-Past-paper |
➧ | Introduction to Law and Governance-November-2017-Past-Paper |
➧ | Introduction to Law and Governance-November-2018-Past-paper |
➧ | Introduction to Law and Governance-May-2018-Past-paper |
➧ | Introduction to Law and Governance-May-2019-Past-paper |
➧ | Introduction to Law and Governance-November-2019-Past-paper |
➧ | Introduction to Law and Governance-November-2020-Past-paper |
➧ | Introduction to Law and Governance-December-2021-Past-paper |
➧ | Introduction to Law and Governance-May-2021-Past-paper |
➧ | Introduction to Law and Governance-August-2021-Past-paper |
➧ | Introduction to Law and Governance-April-2022-Past-paper |
➧ | Introduction to Law and Governance-August-2022-Past-paper |
➧ | Introduction to Law and Governance-December-2022-Past-paper |
➧ | Introduction to Law and Governance-April-2023-Past-paper |
➧ | Introduction to Law and Governance-August-2023-Past-paper |
QUESTION 1a
QUESTION 1b
QUESTION 1(c)
QUESTION 2(a)
QUESTION 2(b)
The doctrine of caveat emptor (buyer beware) is subject to exceptions. Some key exceptions include:
QUESTION 3(a)
In addition to the essential requirements, several principles govern the operation of a contract of insurance. These include:
QUESTION 3(b)
QUESTION 3(c)
QUESTION 4(a)
QUESTION 4(b)
Conciliation is a form of ADR that involves a neutral third party assisting disputing parties in reaching a mutually acceptable resolution. Types of conciliation include:
QUESTION 5(a)
QUESTION 5(b)
Considering the illegal nature of the agreement and the principles of public policy, Joseph Mita may face challenges in enforcing the contract.Courts typically do not enforce illegal contracts.Joseph Mita need to use the proper / legal channels of conducting transactions to avoid such losses.
QUESTION 5(c)
QUESTION 6(a)
Various works are eligible for copyright protection. Copyright extends to original works of authorship fixed in a tangible medium of expression. Examples of works eligible for copyright include:
QUESTION 6(b)
QUESTION 6(c)
QUESTION 7(a)
QUESTION 7(b)
While strict liability is a general principle, there are exceptions and situations where it may not apply. Common exceptions to the rule of strict liability include:
QUESTION 7(c)
Termination: Termination in the context of the law of contract signifies the ending or cessation of a contractual relationship. It can occur through various means, such as completion of performance, expiration of the contract term, mutual agreement, or the occurrence of a specified event. Termination may also result from a breach of contract, giving the innocent party the right to end the contractual relationship.
Puff: In contract law, the term "puff" refers to exaggerated or promotional statements made by one party to induce the other party to enter into a contract. Puffery involves statements that are not considered serious factual claims but are rather expressions of opinion or subjective judgment. Puffery is generally not considered a misrepresentation, and parties are expected to exercise their judgment regarding such statements.
Representation: A representation in contract law is a statement of fact made by one party to another during the negotiation or formation of a contract. Representations may be express or implied and can be oral or in writing. Unlike warranties, which are terms of a contract, representations are not considered binding terms, but they play a role in the formation of the contract. If a false representation induces the other party to enter into the contract, it may give rise to a claim for misrepresentation.
➧ | Financial Accounting -September-2015-Pilot-Paper |
➧ | Financial Accounting -November-2015-Past-Paper |
➧ | Financial Accounting -May-2016-Past-paper |
➧ | Financial Accounting-November-2016-Past-Paper |
➧ | Financial Accounting-November-2017-Past-paper |
➧ | Financial Accounting-May-2017-Past-paper |
➧ | Financial Accounting-November-2018-Past-paper |
➧ | Financial Accounting-May-2018-Past-paper |
➧ | Financial Accounting-May-2019-Past-paper |
➧ | Financial Accounting-November-2019-Past-paper |
➧ | Financial Accounting-November-2020-Past-paper |
➧ | Financial Accounting-December-2021-Past-paper |
➧ | Financial Accounting-April-2021-Past-paper |
➧ | Financial Accounting-August-2021-Past-paper |
➧ | Quantitative Analysis -September-2015-Pilot-Paper |
➧ | Quantitative Analysis-November-2015-Past-Paper |
➧ | Quantitative Analysis-May-2016-Past-paper |
➧ | Quantitative Analysis-November-2016-Past-Paper |
➧ | Quantitative Analysis-December-2017-Past-paper |
➧ | Quantitative Analysis-May-2017-Past-paper |
➧ | Quantitative Analysis-November-2018-Past-paper |
➧ | Quantitative Analysis-May-2018-Past-paper |
➧ | Quantitative Analysis-May-2019-Past-paper |
➧ | Quantitative Analysis-November-2019-Past-paper |
➧ | Quantitative Analysis-November-2020-Past-paper |
➧ | Quantitative Analysis-December-2021-Past-paper |
➧ | Quantitative Analysis-April-2021-Past-paper |
➧ | Quantitative Analysis-August-2021-Past-paper |
➦ | Economics-September-2015-Pilot-Paper |
➦ | Economics-November-2015-Past-Paper |
➦ | Economics-May-2016-Past-paper |
➦ | Economics-November-2016-Past-Paper |
➦ | Economics-November-2017-Past-paper |
➦ | Economics-May-2017-Past-paper |
➦ | Economics-November-2018-Past-paper |
➦ | Economics-May-2018-Past-paper |
➦ | Economics-May-2019-Past-paper |
➦ | Economics-November-2019-Past-paper |
➦ | Economics-November-2020-Past-paper |
➦ | Economics-December-2021-Past-paper |
➦ | Economics-April-2021-Past-paper |
➦ | Economics-August-2021-Past-paper |
CPA past papers with answers