题目内容
（请给出正确答案）
In relation to the issuing of company shares explain:
(a) pre-emption rights; (3 marks)
(b) rights issues; (3 marks)
(c) bonus issues. (4 marks)
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I will speak to the mayor _____ city planning.
A: in order to
B: in relation to
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A.relation
B.limitation
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D.patience
A.conclusion
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In relation to the English legal system:
(a) explain and distinguish between:
(i) primary legislation; and
(ii) secondary/delegated legislation. (6 marks)
(b) explain the powers of the courts in relation to challenging the validity of primary and secondary/delegated legislation. (4 marks)
In relation to company law:
(a) explain the meaning of limited liability. (3 marks)
(b) Explain and distinguish between:
(i) unlimited companies; (2 marks)
(ii) companies limited by guarantee; (2 marks)
(iii) companies limited by shares. (3 marks)
(i) Inventory levels should be kept to a minimum
(ii) All machines within a factory should be 100% efficient, with no idle time
Which of the above statements is/are correct？
A.(i) only
B.(ii) only
C.Both (i) and (ii)
D.Neither (i) nor (ii)
In relation to the law of contract:
(a) defi ne an offer; (5 marks)
(b) explain the specifi c meaning and effect of
(i) a counter-offer; (3 marks)
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The following circumstances may arise in relation to the launch of a new product: (i) Demand is relatively inelastic (ii) There are significant economies of scale (iii) The firm wishes to discourage new entrants to the market (iv) The product life cycle is particularly short
Which of the above circumstances favour a penetration pricing policy？
A.(ii) and (iii) only
B.(ii) and (iv)
C.(i), (ii) and (iii)
D.(ii), (iii) and (iv) only
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