[简答题]Gim and Hom formed an online supply company, IMP Ltd, in 2010 and have been its sole directors since then. The business has never made a profit and has only managed to carry on trading by using its ￡50,000 overdraft facility with Just Bank plc. In January 2012, IMP Ltd entered into a large deal and by October 2012 it was obvious that it had lost ￡100,000 on the contract. Gim and Hom treated the loss as merely unfortunate and carried on trading although this meant unilaterally ignoring the limit on their agreed overdraft with Just Bank plc, and delaying the payments on their other outstanding contracts. They justified their decision on the grounds that they could recover all their losses to date from the profits of a new contract. Unfortunately, their optimism was misplaced and the new contract lost an additional ￡100,000. In February 2014 Gim and Hom applied to have IMP Ltd wound up, owing debts of ￡250,000. The realisable value of the company’s assets is ￡10,000. Required:

[简答题]Arend and Company Limited was formed for the purpose of selling tools of all kinds. It was mentioned in the memorandum as the main object of the company. Arend and Company Limited, (a) took loans to build stocks; (2 marks) (b) repaired tools for profit; (2 marks) (c) gave employees loans to buy cars for personal and official use; (2 marks) (d) ran training courses for customers and others instructing the proper use of tools; and (2 marks) (e) expanded its business to sell refrigerators and air conditioners. (2 marks) Required: Explain whether these activities (a) to (e) would be regarded as ‘ultra vires’. (10 marks)

[单项选择]A group was formed to demand that the bus company ______ its unfair practices
A. changes
B. to change
C. be changing
D. should change

[单项选择]Never give out identifying information such as home address, school name, or telephone number in a public message such as chat or newsgroups, and be sure you’re dealing with someone both you and your children know and trust before giving out this information via E-mail. Do not post photographs of your children in newsgroups or on web sites that are available to the public.
Never allow your child to arrange a face-to-face meeting with someone they "meet" on the Internet. If a meeting is arranged, make the first one in a public place, and be sure to accompany your child.
Remember that people online may not be who they seem. Because you can’t see or even hear the person it would be easy for someone to misrepresent him or herself. Thus someone indicating that "she" is a "12-year-old girl" could in reality be a 40-year-old man.
Remember that everything you read online may not be true. Any offer that’s "too good to be true" probably is. Be careful about any offers that involve
A. not be honest on the net
B. be careful about the online friends
C. make friends with those you trust
D. believe nobody on the net