[简答题]ABC Ltd is a company running a computer retailing business. Recently, a bank has offered to advance to the company a sum of money by way of a charge. The charge demands the company to use all the computer stock of the company as security for repayment. The charge document also provides that the charge will be crystallised if the total liabilities of the company should exceed HK$5 million. Required: In relation to the loan capital of a company: Advise the company as to the nature of the charge and the consequence if the liabilities of the company should exceed HK$5 million. (10 marks)

[简答题]ABC Ltd is a private limited liability company which carries on business in the tourism industry. ABC Ltd has adopted Table A as its articles of association. The only assets which ABC Ltd holds are two hotels, which are both in operation. Due to the global economic crisis, ABC Ltd faces fi nancial diffi culties. Amanda, who is one of the directors of ABC Ltd, is contemplating ways to help ABC Ltd raise money. Required: Advise Amanda on the ways ABC Ltd may raise money. (10 marks)

[简答题]ABC WIRELESS Ltd is a private company limited by shares which was registered in August 2006 with authorised share capital CY￡1.000. A&B CABLE Ltd is subsidiary to ABC WIRELESS Ltd. Paul, Mary and Tim are the directors of ABC WIRELESS Ltd, and ABC WIRELESS Ltd is the director of A&B CABLE Ltd. In February 2007, when the issued share capital of ABC WIRELESS Ltd was CY￡800, the directors decided to raise money in order to finance the activities of ABC WIRELESS Ltd. Paul suggested that the company should issue shares at a discount, in order to attract existing shareholders to subscribe for new shares. Mary suggested that ABC WIRELESS Ltd should make a loan from its subsidiary, A&B CABLE Ltd, in which case a fixed charge could be created on the book debts of ABC WIRELESS Ltd. Required: Advise Tim as to the feasibility and procedure required to implement each of the suggestions of Paul and Mary respectively. (10 marks)

[简答题]Cathy was a secretary of ABC Ltd. Last Monday, she was late for the office by five minutes after she got out of bed late that morning. It was the first time that Cathy did not arrive at the office on time. The regulation of the company requires the employees to report for their duties punctually. To avoid problems, Cathy told the company that it was the traffic congestion that caused her to be late. This did not affect Cathy in the performance of her duties for the company. The company has discovered that Cathy’s explanation of her lateness was a lie. Required: In relation to the Employment Ordinance (Cap 57), advise the company as to whether there is any ground for the company to dismiss Cathy summarily. (10 marks)

[简答题]A company, ABC Limited, engaged in the production of microchips for the South American market, has encountered diffi culties due to a material reduction in orders. Despite the circumstances, Peter, the sole director, has continued to enter into obligations with suppliers. Creditors are considering taking action against the company and against Peter. Required: (a) Explain whether there are grounds for taking action against Peter for fraudulent trading; (5 marks)

[简答题](1)简述Rylands诉Fletcher案的规则。 (2)ABC Ltd的一个工厂发生爆炸，Chan是劳动部的监察员，在该厂执行公务，受到伤害。Chan依Rylands诉Fletcher案规则起诉该公司，他能肚诉吗 (3)Chan不在家时，有一非法入侵者在他的土地上放火，大火烧毁了邻居的财产，依Rylands诉 Fletcher案之规则，Chan是否承担责任

[单项选择]Company ABC adopt year-summary for decritiation of asset. They spent $17000 purchased one computer. It is eatimated that the computer can be sold with $2000 three years later. Thus, how much will be the asset decritiation of this computer in year three
A. $5000.
B. $4500.
C. $7500.
D. $2500.

[单项选择]Is ABC Company far away
A. Yes, you must take a bus to get there.
B. No, you can just walk there.
C. No, but you’d better not walk.

[填空题]

ABC Co. Ltd.
Gentlemen:
We are sure that you would be interested in the new "Chang-Ling" Vacuum Cleaner(真空吸尘器) which is to be placed on the market soon. Most of the good points of the earlier types have been incorporated(使合并) into this machine which possesses, besides, several novel(新颖的) features which have been perfected by years of scientific research.
You will find that a special mechanical device enables it to run on slightly more than half the current required by machines of equal capability. Further, most of the working parts are readily interchangeable and, in the event of their being damaged, they are thus easy to replace.
The special advantages it offers will make it a quick-selling line, and we are ready also to cooperate with you, by launching a national advertising campaign. Moreover, we are ready to assist to the extent of half the cost of any local advertising.
Bearing mind the rapid turnover(周转) which is likely to r

[简答题] 某提单显示：
Shipper : ABC Co. LTD.
Consignee : To Order
Notified Party :XYZ Co. LTD. 该提单属于哪一种类型提单

[简答题]ABC Limited is a private limited liability company having 99% of its issued shares subscribed to by John Abela and the remaining 1% by his brother Paul Abela. Paul Abela also holds the post of director together with his brother. Paul Abela passed away in January 2007 leaving his brother John Abela as his sole heir. Despite such events ABC Limited has continued to trade. Required: (a) Explain whether ABC Limited can continue to exist with a sole shareholder; and (4 marks)

[判断题]一张商业汇票上的收款人是：“仅付给ABC有限公司”（Pay to ABC Co．，Ltd only），这种汇票不能转让。

[单项选择]Estimate an earnings multiplier for ABC Company, assuming a dividend payout ratio of 50%, a required return of 12% , and a growth rate of 7%.（）
A. 10.00.
B. 12.00. 15.57.