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CIMA BA4 real answers - Fundamentals of Ethics - Corporate Governance and Business Law

BA4
  • Exam Code: BA4
  • Exam Name: Fundamentals of Ethics - Corporate Governance and Business Law
  • Updated: Dec 12, 2025
  • Q & A: 660 Questions and Answers
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CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

1. Which of the following statements is correct?
(i) A term may be implied into a contract by statute.
(ii) A term may be implied into a contract on the ground that it is a trade custom.
(iii) A term may be implied into a contract by a court in order to give the agreement "business efficacy".

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


2. Which of the following is correct in relation to damages?
(i) As a general rule damages for breach of contract are designed to place the innocent party in the position that he or she would have been in had the contract been carried out properly.
(ii) Damages are only available for breach of contract, if the breach caused the loss.
(iii) Damages are only available for losses arising naturally from the breach.

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


3. Which of the following is not a source of English law?

A) Roman law.
B) Legislation.
C) Common law.
D) European law.


4. In which of the following countries are employees represented at board level?
i. Germany.
ii. United States of America
iii. France.

A) (i) only
B) (iii) only
C) (i) and (iii) only
D) (i) and (ii) only


5. While working as an accountant, you are asked to overlook certain irregularities in your company's accounts. This is likely to result in tensions described by which TWO of the following four options:

A) Professional and corporate values
B) Personal and societal values
C) Personal and corporate values
D) Professional and societal values


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: A,C

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