Insolvency and Final Exam

Topics: Insolvency, Fiduciary, Question Pages: 7 (2484 words) Published: June 19, 2013
BUSL301 Final exam Session 1 2013
The exam does not include: Lecture Area 1-4 Lecture Area 9 [Week 10] (Takeovers / Financial Services and Markets) The Role of Auditors / ASIC Investigation (these are both in Lecture Area 7 [Week 8]) Everything else is examinable – that is, within the range of material that may be included in the final exam Part A of the exam (20 marks) is multiple-choice (10 x 2 marks per question) Part B of the exam (40 marks) has 2 problem style questions requiring written responses (15 marks each) and 1 short answer style question (with 5 questions worth 2 marks each). Look at the Unit Guide and the Assessment Guide Also on iLearn are: Coversheet for the exam Practice Questions Answer Guide to Practice Questions

This question paper must be returned. Candidates are not permitted to remove any part of it from the examination room.

SEAT NUMBER: ……….… ROOM: .………………. FAMILY NAME.………….....…………………………. OTHER NAMES…………….…………………..…….. STUDENT NUMBER………….………..……………..

SESSION 1 EXAMINATIONS – JUNE 2013 Unit Code and Name: BUSL301 Corporations Law Time Allowed: Two hours (2) plus 10 minutes reading time Total Number of Questions: Part A has 10 questions; Part B has 3 questions Instructions: 1. All Parts are compulsory. 2. This exam is worth 60% (60 marks) of your overall assessment. 3. Part A is worth 20 marks and is comprised of 10 multiple-choice questions worth 2 marks each. It must be answered on the Answer Sheet provided. 4. Part B is worth 40 marks and is comprised of 3 questions. Question 1 and 2 are worth 15 marks each and Question 3 is worth 10 marks. All questions in Part B must be answered within (and must not exceed) the separate 6 page answer booklet. 5. Writing must be legible, answers clearly set out and your details entered as required. For Part A see the instructions on the multiple-choice Answer Sheet. For Part B answers must be written in pen (ink), not pencil. Materials Allowed: None This is a ‘closed book’ examination - the following are not permitted: Dictionaries, calculators, books, notes, electronic or written aids of any kind.

BUSL301 Revision What follows is a sample/revision exam – it is in the same overall format as the final exam (Part A multiple-choice; Part B written responses) – however the number, style and type of the questions are not necessarily the same – it does not necessarily indicate the content or complexity of the actual exam – however, it does allow you to practice the skills you will need - the questions in the sample exam are for your private study and revision purposes – the content in the sample questions has been covered in the relevant class and is accessible in the texts – accordingly you should be aware of the issues relevant to the questions and be able to revise and check your responses/answers for yourself. Note though that there is a separate document on iLearn with suggested answers as a guide. You can also practice by setting out questions for yourself and then writing short answers – for example: Why do directors have fiduciary duties? What is a civil penalty? What factors are relevant in a consideration of whether a shareholder has been oppressed? – after a little study you can make up lots of questions like these and then write a few lines worth of answer – don’t use your texts to help you answer – the benefit is in using what you know and modifying it so that your response is as precise as possible. Practice your tutorials – these are good examples of the sort of things you will be asked in the final exam. Note: The final exam Session 1 2013 (2 hours plus 10 minutes reading) is worth 60 marks (60% of your total assessment) – it is a closed book exam there will be 2 Parts – Part A will be worth 20 marks, it is comprised of 10 multiple-choice questions worth 2 marks each. Part B will be worth 40 marks, it requires written answers and is comprised of 3 questions.

Sample/Revision PART A 1. Fulham Pty Ltd is in a poor financial position, it...
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