The distinction between an employee and an independent contractor is important because only an employee:
i. is given statutory protection in relation to employment rights.
ii. is subject to the deduction of income tax and national insurance under the PAYE system.
iii. can make the employer vicariously liable for his/her torts.

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

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Which of the following is INCORRECT in relation to a claim for wrongful dismissal?

• A.A claim for wrongful dismissal is barred after 3 months.
• B.Damages for wrongful dismissal may be awarded by an employment tribunal.
• C.There is no requirement for a qualifying period of continuous employment.
• D.Evidence of serious misconduct discovered after the employment has ceased is admissible as part of the employers' defence.

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You work for an oil company and your company is negotiating a contract with the government of another country. During the course of the negotiations, your managing director has run up a very substantial expenses bill for entertaining personnel from the country's government. This scenario suggests which TWO of the following ethical issues?

• A.Gifts and hospitality
• B.Harassment
• C.Data protection
• D.Bribery and corruption

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Which ONE of the following statements is correct in relation to the UK Corporate Governance Code?

• A.If the Code is ignored by any company, no action may be taken as it has no legal status
• B.If a listed public company fails to produce a report explaining why it has not implemented the Code's recommendations, it has acted in breach of the Code
• C.If a public company fails to comply with the Code, it may be sued for breach of statutory duty by those who have suffered loss as a result
• D.If any company fails to comply with the Code, the directors may be sued for breach of duty by the company on behalf of the shareholders

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Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?

• A.The establishment of an audit committee
• B.The separation of the roles of Chairman and Chief Executive
• C.The identification of an independent director as primary shareholder contact
• D.The appointment of executive directors to the Board

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