ICAEW ACA Business Law case studies
ICAEW ACA Business Law · Put your knowledge to work in context.
ICAEW ACA Business Law is one of the Certificate Level exams in the ICAEW ACA qualification, the chartered accountancy pathway offered by the Institute of Chartered Accountants in England and Wales. This page is an independent study resource for candidates preparing for that exam; it is not affiliated with, endorsed by, or operated by ICAEW. The ICAEW ACA Business Law case studies are 5 cases and about 4,035 words.
1Battle of the forms at Fenland Bakehouse
Fenland Bakehouse Ltd ordered a refrigerated delivery van from Coldchain Conversions Ltd. Fenland's purchase order, printed on its own form, stated the price as £48,000, delivery by 1 March, and that the order was 'subject to our conditions on the reverse, which prevail over any terms you propose'.
779 words, about 4 min2Hollingworth Instruments: connected-party dealing and unlawful distributions
Hollingworth Instruments Ltd is a private company with three shareholders: Arjun (55%, managing director), Beth (30%, finance director) and Carl (15%, an employee shareholder with no board seat). The last filed accounts show net assets of £900,000 but profit and loss reserves of only £120,000.
819 words, about 4 min3Vantage Fabrications: wrongful trading, preferences and the bank's charge
Vantage Fabrications Ltd made steel frames and had traded at a loss all year. On 1 February the directors received management accounts showing net liabilities of £150,000 and a forecast showing that, on current orders, liabilities would reach £400,000 by the summer.
827 words, about 4 min4Marisol's resignation at Ridgemont Ceramics
Marisol has worked for Ridgemont Ceramics Ltd for six years as a regional sales manager on a salary of £58,000. Her contract gives three months' notice and contains no mobility clause.
863 words, about 4 min5Northgate partnership: authority, retirement and conversion
Priya, Dev and Farah practise as a general partnership under a written agreement made in 2020. Clause 14 says no partner may commit the firm to a purchase over £25,000 without the written consent of all partners.
747 words, about 4 min