ACCA Corporate and Business Law (LW) 2026 past questions and answers

1. The Crown Court
2. The County Court
3. The Court of Appeal
4. The Supreme Court

Answer: A. The Crown Court

Serious indictable criminal trials are ordinarily heard in the Crown Court. The Court of Appeal and Supreme Court hear appeals, while the County Court primarily deals with civil matters.

1. The judge may disregard the decision whenever it seems unfair.
2. The judge is generally bound by the Supreme Court decision.
3. The judge is bound only if the parties agree.
4. The judge must refer every such point to Parliament.

Answer: B. The judge is generally bound by the Supreme Court decision.

The Court of Appeal is generally bound by decisions of the Supreme Court, which is the highest court in the UK. A lower court cannot depart from a binding higher-court precedent merely because it prefers a different outcome.

1. A contract exists because an offer cannot be withdrawn once made.
2. A contract exists because email acceptance always takes effect when sent.
3. No contract exists because the revocation was communicated before acceptance.
4. No contract exists because an offer to sell goods must be made by deed.

Answer: C. No contract exists because the revocation was communicated before acceptance.

An offer may generally be revoked at any time before acceptance, provided the revocation is communicated to the offeree. Mira communicated the withdrawal before Lee sent an acceptance.

1. Only the retailer provides consideration because money is the only valid form.
2. The supplier's promise to deliver and the retailer's promise to pay are reciprocal consideration.
3. Neither promise is consideration until the chairs have been delivered.
4. Consideration is unnecessary because the agreement concerns goods.

Answer: B. The supplier's promise to deliver and the retailer's promise to pay are reciprocal consideration.

Each party's promise is given in exchange for the other's promise, so both provide consideration. Consideration need not be money and can consist of a promise to perform an act.

1. The term is effective if it was printed in bold.
2. The term is effective if the consumer signed the contract.
3. The term is automatically incorporated if displayed at the till.
4. The shop cannot exclude liability for death or personal injury resulting from negligence.

Answer: D. The shop cannot exclude liability for death or personal injury resulting from negligence.

The Consumer Rights Act 2015 does not permit a trader to exclude liability for death or personal injury resulting from negligence. Prominence or signature does not make that exclusion valid.