Which of the following is incorrect in relation to Shari'ah law?

• A.Apostasy is similar to the law of treason in the UK
• B.Criticism of the prophet Mohammad is accepted
• C.Islamic law provides for matters spiritual and physical
• D.Eating pork is prohibited

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Tee Ltd placed some computers in its shop window with a notice which reaD. "Special offer. Internet- ready computers for sale at £400." Which of the following is correct?
(i) The notice amounts to an invitation to treat.
(ii) When a customer called in to the shop and offered £350 for one of the computers, he had made a counter offer.
(iii) The shop is obliged to sell a computer to anyone who can pay the price.

• A.(i) only
• B.(ii) only
• C.(i) and (ii) only
• D.(i), (ii) and (iii).

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Which of the following statements refer to the Sarbanes-Oxley Act?

• A.Only applies to the US
• B.Rules-based approach
• C.Known as Sarbox or SOX
• D.Adherence is not compulsory
• E.Established in 1992

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Which of the following type of committee is NOT required by the UK Combined Code?

• A.Nominations committee
• B.Remuneration committee
• C.Audit committee
• D.Investment committee

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Which of the following is INCORRECT?

• A.The board is appointed to act as the agent of the shareholders.
• B.The board is the agent of the company.
• C.If the company has appointed a managing director, he or she is able to contract on behalf of the company.
• D.Individual directors cannot contract on behalf of the company unless they are authorized by the board.

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