CIMA BA4 Q&A - in .pdf

  • Exam Code: BA4
  • Exam Name: Fundamentals of Ethics - Corporate Governance and Business Law
  • Updated: Aug 06, 2026
  • Q & A: 660 Questions and Answers
  • PDF Price: $59.99
  • Printable CIMA BA4 PDF Format. It is an electronic file format regardless of the operating system platform.
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CIMA BA4 Q&A - Testing Engine

  • Exam Code: BA4
  • Exam Name: Fundamentals of Ethics - Corporate Governance and Business Law
  • Updated: Aug 06, 2026
  • Q & A: 660 Questions and Answers
  • Install on multiple computers for self-paced, at-your-convenience training.
  • PC Test Engine Price: $59.99
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CIMA BA4 Exam Syllabus Topics:

SectionWeightObjectives
Company Administration10%- Corporate legal administration
  • 1. Company formation and structure
    • 2. Corporate compliance and filings
      Business Ethics and Ethical Conflict30%- Ethical principles and professional behaviour
      • 1. Professional independence, objectivity, and integrity
        • 2. Nature of ethics and values in accounting
          • 3. Ethical dilemmas and conflict resolution
            General Principles of Legal System, Contract and Employment Law15%- Business law fundamentals
            • 1. Legal systems and sources of law
              • 2. Employment law basics
                • 3. Contract formation and enforcement
                  Corporate Governance, Controls and Corporate Social Responsibility45%- Internal controls and audit
                  • 1. Internal audit and external audit roles
                    • 2. Risk management and control systems
                      - Corporate governance framework
                      • 1. Role of boards and directors
                        • 2. OECD principles and governance codes
                          - Corporate social responsibility
                          • 1. CSR principles and sustainability reporting

                            CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

                            1. Tee Ltd has contracted to use Vee Ltd's "Grand Hotel" for a business conference. Which of the following would not be regarded as a valid excuse for Vee Ltd for the unavailability of the hotel on the agreed date?
                            (i) The hotel was closed due to flood damage.
                            (ii) The hotel was double booked.
                            (iii) The hotel manager had arranged to have the hotel redecorated; the decorators had failed to complete the work by the agreed date.

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


                            2. Which of the following is correct?
                            (i) A decision of the Supreme Court is binding on all lower courts which are called upon to decide a case based on similar material facts.
                            (ii) If there is a conflict between European Law and English law, European Law prevails.
                            (iii) Parliament may delegate authority to the government to make law.

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


                            3. Which of the following statements are correct in relation to an offer?
                            1. An offer may be made to the whole world
                            2. An offer cannot be withdrawn until the offeree has had the opportunity of accepting or rejecting the offer.
                            3. An item in a shop window marked "Special Offer" is not an offer in law.

                            A) 1 only
                            B) 1 and 2 only
                            C) 2 only
                            D) 1 and 3 only


                            4. X was employed by Bee Ltd as its senior design consultant. X contracted with Bee Ltd that, when his employment with the company ceased, he would not act in competition with it or solicit its customers.
                            After X left Bee Ltd, he registered a company called Cee Ltd which immediately began working in competition with Bee Ltd and soliciting its customers. Bee Ltd complained to X about this conduct, but X stated that, as the work was being undertaken by Cee Ltd, a separate legal entity, X had not acted in breach of the agreement with Bee Ltd.
                            Which of the following statements is correct?

                            A) Cee Ltd will be bound by the agreement because a company is always liable for the actions of its shareholders.
                            B) The agreement between Bee Ltd and X is of no legal effect, as it attempts to regulate X's activities after he has left Bee Ltd's employment.
                            C) If the court finds that Cee Ltd was set up by X to avoid the agreement with Bee Ltd, it will "lift the corporate veil" and enforce X's contract with Bee Ltd against X and Cee Ltd.
                            D) X is correct and cannot be said to be in breach of the agreement with Bee Ltd.


                            5. Which of the following is incorrect in relation to the remedy of damages?

                            A) Damages will not normally be awarded for the distress caused to the innocent party by the breach.
                            B) Damages are designed to compensate the innocent party and to punish the contract breaker.
                            C) A contract breaker is liable for special losses which are within his contemplation.
                            D) A contract breaker is liable for losses which arise naturally from the breach.


                            Solutions:

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

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