CAE Study guides, Class notes & Summaries

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C1 CAE Key Word Transformation

ICAEW LawWhat does void mean and when are contracts void? That there is no valid contract and goods should be returned; - Illegality (must not be illegal or against public policy) What does voidable mean and when are contracts voidable? The contract can be ignored by the 'injured' party; - Lack of capacity (due to age or sound of mind) - Lack of free will (duress or undue influence) - Misrepresentation (incorrect facts that made the contract happen) Which agreements must be evi...

ICAEW ACA LawWhat is the difference between civil law and criminal law? civil law: claimant and defendant criminal law: prosecution and accused true or false: the party brining a civil case to court is known as the prosecution false what is the party in court who is charged with a criminal offence known as? the defendant To what contract would the UN Convention on Contracts for the International Sale of Goods (UNCISG) apply? the sale of commercial vans from a manufacturer in ...

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C1 CAE Key Word Transformation

This is written by an exam qualified ICAEW Chartered Accountant working at PwC I have summarised the notes from the Kaplan workbook, ICAEW Workbook and Question Bank. This is broken down by chapter/topic and can be used on a standalone basis - this is all I took into my exam and managed to get 75%. There is a step by step guide on how to answer the different style questions and in a different colour, I have copied out parts of the answers which I repeatedly see in all of the answers for thi...

Icaew law chapter 7Share - correct answer A member’s stake in a company's share capital Name the two most common types of shares - correct answer Preference shares and ordinary shares Describe a share - correct answer A transferable form of personal property, carrying rights and obligations, by which the interest of a member of a company limited by shares is measured. Shareholder - correct answer A member of a company who holds one or more shares Define redeemable share - cor...

Only notes used for this topic to gain an A*

Porter's 5 forces model, what is the purpose and what are the elements? - correct answer Analyses the competitive aspect of the task environment: - Bargaining power of suppliers - Threat of substitute products or services - Bargaining power of customers - Threat of new entrants - Rivalry among existing firms In terms of the management process, what does leading involve? - correct answer Concerned with generating effort and commitment towards meeting objectives What are the diff...