Question 1

Examine the arguments for and against Investor State Dispute systems such as the one proposed under TTIP? Please use a maximum of 250 words for your answer.

Accepted Answer

ISDS can be used to encourage investment as they help to give reassurance to investors that their outlay would be protected. Using such a mechanism allows investors to take action against hostile measures taken by governments without having to go through domestic courts who might be inclined towards their own government. As a result, countries which abided by such mechanisms would be able to attract more investment and so encourage economic growth including jobs and wage gains for their citizens.
There is, however, wide-spread concern that such protection for investors is undemocratic and a threat to national sovereignty. The policies of democratically elected governments can therefore be overturned or halted by the use of ISDS or just the threat of action being taken - see for example the Vattenfall cases.
There are also concerns about the ISDS themselves. In particular, criticism has been made of the lack of judicial independence as it is felt that there is a bias towards investors. Many of the ISDS also conduct their proceedings in private and so there is a lack of external scrutiny of their operation.

Question 2

Which of the following statements is true? Please select all that apply.

Accepted Answer

A)  In Civil Courts in England and Wales the Supreme Court is the final court of appeal in respect of English Law lacking an EU dimension. 
B)  In Civil Courts in England and Wales the higher value and specialist cases are heard in the High Court. 
C)  In Civil Courts in England and Wales appeals from the High Court go to the Court of Appeal (Civil Division). 
D)  All of the above are correct. 
A)  In Civil Courts in England and Wales the Supreme Court is the final court of appeal in respect of English Law lacking an EU dimension. 
B)  In Civil Courts in England and Wales the higher value and specialist cases are heard in the High Court. 
C)  In Civil Courts in England and Wales appeals from the High Court go to the Court of Appeal (Civil Division). 
D)  All of the above are correct. D

Question 3

Which of the following statements is true? Please select all that apply.

Accepted Answer

A)  Companies cannot be sued by their shareholders. 
B)  Companies are owned by their shareholders. 
C)  Companies are run on a day-to-day basis by their directors. 
D)  Companies are always big businesses. 
A)  Companies cannot be sued by their shareholders. 
B)  Companies are owned by their shareholders. 
C)  Companies are run on a day-to-day basis by their directors. 
D)  Companies are always big businesses. B, C

Question 4

What factors would influence the decision a business took about the different types of business organization it could adopt? Please use a maximum of 500 words for your answer

Accepted Answer

There are a variety of interrelated fact

Question 5

Everything a judge says in a higher court binds judges in lower courts.

Accepted Answer

A) True 
 B)False

Question 6

Typically non-executive directors run companies on a day-to-day basis.

Accepted Answer

A) True 
 B)False

Question 7

Do auditors always act as a check on financial abuses in companies? Please use a maximum of 250 words for your answer.

Accepted Answer

Auditors are professional accountants wh

Question 8

If a judge decides some legislation is incompatible with the Human Rights Act 1998 (s)he does not have to apply the law, but can ignore it and make her/his own mind up as to what the law ought to be.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following statements is true? Please select all that apply.

Accepted Answer

A)  Van Gend en Loos establishes that Article 12 of the Treaty of Rome 1957 applies only to countries. 
B)  Van Gend en Loos establishes that all EU legislation has direct effect. 
C)  Van Gend en Loos establishes that some EU legislation gives rights to individuals and companies. 
D)  Van Gend en Loos establishes that some EU legislation imposes duties on individuals and companies. 
A)  Van Gend en Loos establishes that Article 12 of the Treaty of Rome 1957 applies only to countries. 
B)  Van Gend en Loos establishes that all EU legislation has direct effect. 
C)  Van Gend en Loos establishes that some EU legislation gives rights to individuals and companies. 
D)  Van Gend en Loos establishes that some EU legislation imposes duties on individuals and companies.

Question 10

Describe how the British government's policy, as set out in the Small Business, Enterprise and Employment Act 2015, reflects the more general arguments in favour of deregulation? Please use a maximum of 250 words for your answer.

Accepted Answer

The act requires the government to publi

Question 11

Which of the following statements is true? Please select all that apply.

Accepted Answer

A)  A Director owes special duties to his/her company. 
B)  A Director must act in the interests of the shareholders. 
C)  Directors must only ever think in the short-term interests of the company. 
D)  Directors must act in the interests of employees even if this conflicts with shareholder interests. 
A)  A Director owes special duties to his/her company. 
B)  A Director must act in the interests of the shareholders. 
C)  Directors must only ever think in the short-term interests of the company. 
D)  Directors must act in the interests of employees even if this conflicts with shareholder interests.

Question 12

Which one of the following statements is NOT true?

Accepted Answer

A)  Regulation may be beneficial because it helps to protect society from unscrupulous business practices. 
B)  Regulation may be beneficial because it may help ethically run businesses compete with less ethical ones. 
C)  Regulation may be beneficial because it is always cheaper than letting employees be injured. 
D)  Regulation may be beneficial because it can bring economic benefits. 
A)  Regulation may be beneficial because it helps to protect society from unscrupulous business practices. 
B)  Regulation may be beneficial because it may help ethically run businesses compete with less ethical ones. 
C)  Regulation may be beneficial because it is always cheaper than letting employees be injured. 
D)  Regulation may be beneficial because it can bring economic benefits.

Question 13

Which one of the following does NOT have legal personality in England and Wales?

Accepted Answer

A)  A sole trader 
B)  A partnership under the 1890 Partnership Act 
C)  A company 
D)  An LLP 
A)  A sole trader 
B)  A partnership under the 1890 Partnership Act 
C)  A company 
D)  An LLP

Question 14

A partner in an ordinary partnership governed by the 1890 Partnership Act, who enters into a contract in the partnership name, makes all of the partners liable if the contract is not performed.

Accepted Answer

A) True 
 B)False

Question 15

Those on the left of politics generally favour less regulation.

Accepted Answer

A) True 
 B)False

Question 16

The EU Commission's role includes bringing Member States before the European Court of Justice.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following articles of the Treaty on the Functioning of the European Union deals with anti-competitive practices?

Accepted Answer

A)  Article 30 
B)  Article 49 
C)  Article 56 
D)  Article 101 
A)  Article 30 
B)  Article 49 
C)  Article 56 
D)  Article 101

Question 18

Does law simply consist of rules? Please use a maximum of 250 words for your answer

Accepted Answer

Law is a set of rules which tell us what

Question 19

In Salomon v Salomon, Mr Salomon could not recover his money from the company because the company was really just Mr Salomon under a different name.

Accepted Answer

A) True 
 B)False

Question 20

According to UNCTAD how many International Investment Agreements were in place by the end of 2016?

Accepted Answer

A)  97 
B)  3,324 
C)  150,000 
D)  3,000,000 
A)  97 
B)  3,324 
C)  150,000 
D)  3,000,000

Examine the arguments for and against Investor State Dispute systems such as the one proposed under TTIP? Please use a maximum of 250 words for your answer.

Which of the following statements is true? Please select all that apply.

Which of the following statements is true? Please select all that apply.

What factors would influence the decision a business took about the different types of business organization it could adopt? Please use a maximum of 500 words for your answer

Everything a judge says in a higher court binds judges in lower courts.

Typically non-executive directors run companies on a day-to-day basis.

Do auditors always act as a check on financial abuses in companies? Please use a maximum of 250 words for your answer.

If a judge decides some legislation is incompatible with the Human Rights Act 1998 (s)he does not have to apply the law, but can ignore it and make her/his own mind up as to what the law ought to be.

Which of the following statements is true? Please select all that apply.

Describe how the British government's policy, as set out in the Small Business, Enterprise and Employment Act 2015, reflects the more general arguments in favour of deregulation? Please use a maximum of 250 words for your answer.

Which of the following statements is true? Please select all that apply.

Which one of the following statements is NOT true?

Which one of the following does NOT have legal personality in England and Wales?

A partner in an ordinary partnership governed by the 1890 Partnership Act, who enters into a contract in the partnership name, makes all of the partners liable if the contract is not performed.

Those on the left of politics generally favour less regulation.

The EU Commission's role includes bringing Member States before the European Court of Justice.

Which of the following articles of the Treaty on the Functioning of the European Union deals with anti-competitive practices?

Does law simply consist of rules? Please use a maximum of 250 words for your answer

In Salomon v Salomon, Mr Salomon could not recover his money from the company because the company was really just Mr Salomon under a different name.

According to UNCTAD how many International Investment Agreements were in place by the end of 2016?

Introduction: Business and Its Environment in a Globalizing World

The Economic Environment

The Technological Environment

The Political Environment

The Social and Cultural Environment

Can the Marketplace Be Ethical Corporate Responsibility

The Natural Environment: Global Warming, Pollution, Resource Depletion, and Sustainable Development

How Has Macroeconomic Policy Changed in an Era of Uncertainty

Globalization of Business: Good or Bad

Does Business Have Too Much Power

Is Inequality Bad for Business

Creating Effective Trading Blocs: What Lessons Does the European Union Provide

What Role for the Public Sector

From Starting to Scaling and Beyond: How Do Entrepreneurs and Smes Innovate and Grow

Conclusion: Looking Ahead-Managing in a Dynamic Environment

Filters

Exam 5: The Legal Environment

Examine the arguments for and against Investor State Dispute systems such as the one proposed under TTIP? Please use a maximum of 250 words for your answer.

Which of the following statements is true? Please select all that apply.

Which of the following statements is true? Please select all that apply.

What factors would influence the decision a business took about the different types of business organization it could adopt? Please use a maximum of 500 words for your answer

Everything a judge says in a higher court binds judges in lower courts.

Typically non-executive directors run companies on a day-to-day basis.

Do auditors always act as a check on financial abuses in companies? Please use a maximum of 250 words for your answer.

If a judge decides some legislation is incompatible with the Human Rights Act 1998 (s)he does not have to apply the law, but can ignore it and make her/his own mind up as to what the law ought to be.

Which of the following statements is true? Please select all that apply.

Describe how the British government's policy, as set out in the Small Business, Enterprise and Employment Act 2015, reflects the more general arguments in favour of deregulation? Please use a maximum of 250 words for your answer.

Which of the following statements is true? Please select all that apply.

Which one of the following statements is NOT true?

Which one of the following does NOT have legal personality in England and Wales?

A partner in an ordinary partnership governed by the 1890 Partnership Act, who enters into a contract in the partnership name, makes all of the partners liable if the contract is not performed.

Those on the left of politics generally favour less regulation.

The EU Commission's role includes bringing Member States before the European Court of Justice.

Which of the following articles of the Treaty on the Functioning of the European Union deals with anti-competitive practices?

Does law simply consist of rules? Please use a maximum of 250 words for your answer

In Salomon v Salomon, Mr Salomon could not recover his money from the company because the company was really just Mr Salomon under a different name.

According to UNCTAD how many International Investment Agreements were in place by the end of 2016?

Introduction: Business and Its Environment in a Globalizing World

The Economic Environment

The Technological Environment

The Political Environment

The Social and Cultural Environment

Can the Marketplace Be Ethical Corporate Responsibility

The Natural Environment: Global Warming, Pollution, Resource Depletion, and Sustainable Development

How Has Macroeconomic Policy Changed in an Era of Uncertainty

Globalization of Business: Good or Bad

Does Business Have Too Much Power

Is Inequality Bad for Business

Creating Effective Trading Blocs: What Lessons Does the European Union Provide

What Role for the Public Sector

From Starting to Scaling and Beyond: How Do Entrepreneurs and Smes Innovate and Grow

Conclusion: Looking Ahead-Managing in a Dynamic Environment

Filters