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NEW QUESTION: 1
A security program consists of three independent components. They are electronic, architectural, and:
A. Elemental
B. Environmental
C. Physical
D. Operational
Answer: D

NEW QUESTION: 2
ABC Ltd has resolved to purchase the business of ST Ltd for £500,000. ABC Ltd is to pay ST Ltd for the business by issuing ordinary £1 shares rather than cash. As the market value of ABC Ltd's shares is £5 per share, ABC Ltd is to issue to ST Ltd 100,000 ordinary £1 shares. Which of the following is incorrect?
A. The issue is lawful because ABC Ltd does not need to first offer the new shares to its existing members.
B. The issue is only lawful if ABC Ltd arranges to have the business valued by the company's auditor.
C. The issue is lawful as ABC Ltd may issue its shares for a non-cash consideration.
D. The issue is only lawful if the directors have the necessary authority to issue the shares.
Answer: B

NEW QUESTION: 3

A. Option E
B. Option C
C. Option D
D. Option B
E. Option A
Answer: B,E

NEW QUESTION: 4
Which of the following economic conditions is likely to lead to demand-pull inflation?
A. An increase in interest rates and a rise in the world price of oil
B. An increase in government spending and firms operating at full capacity
C. Increased monopoly power in goods and labor markets
D. A worsening balance of payments deficit and a rising exchange rate
Answer: B

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