Solicitors - Study guides, Class notes & Summaries

Consolidated notes from SA workbook and crib sheet for support in open-book exams

Butterberry Limited is a company making yoghurts and other dairy products. It has been in existence for 12 years and has four shareholders who are also the four directors of the company. It has outgrown its existing premises and needs to move to a larger factory. Nick and Andi, two of the company's directors, negotiate the purchase of a new factory on the Wrexford Industrial Estate with Wrexford Development Corporation. Nick and Andi sign the contract and transfer document on behalf o...

Entry 2 of a Charges Register states that a conveyance dated 5 October 1999, made between Edward Charles Rigley (1) and Euan Andrew Palenbella (2), contains restrictive covenants. The Land Registry does not have a copy of this conveyance. Which ONE of the following statements about the contents of the conveyance is CORRECT? A. A buyer would be bound by the covenants contained in the missing conveyance, because the Charges Register refers to them B. A buyer would not be bound by the ...

The solicitor should pay the whole of the sum into client account and promptly transfer £800 to business account When there is a mixed payment of client money and non-client money, it must be paid into client account, and the non-client money transferred to business account. - CORRECT ANSWER-A solicitor acts for a residential buyer, and the transaction is nearing simultaneous exchange and completion. The buyer sends to the solicitor a bank transfer comprising £800 solicitors' costs a...

These notes provide everything you need to revise for the solicitor's accounts exam and to take into the exam with you (open book University of Law). These notes include: SRA accounts rules, examples financial statement, examples client ledger questions (for a will and for sale and purchase of a house), agency and principal methods, practice questions with answers, multiple choice questions and answers, client or business money example questions.

Inherent risk differs from detection risk in that inherent risk: A. arises from the misapplication of auditing procedures. B. may be assessed in either quantitative or non-quantitative terms. C. exists independently of the financial report audit. D. can be changed at the auditor's discretion. - CORRECT ANSWER-C Which of the following would not increase inherent risk? A. Introduction of a performance-based management compensation scheme to improve efficiency and effectiveness. B. Appoi...

Summary SQE Notes Solicitors' Accounts Notes 2022/2023

SUMMARY SOLICITORS ACCOUNTS BLP MCQS PRACTICE TEST Butterberry Limited is a company making yoghurts and other dairy products. It has been in existence for 12 years and has four shareholders who are also the four directors of the company. It has outgrown its existing premises and needs to move to a larger factory. Nick and Andi, two of the company's directors, negotiate the purchase of a new factory on the Wrexford Industrial Estate with Wrexford Development Corporation. Nick and An...

Summary SQE Notes Solicitors' Accounts Notes 2022/2023

*Up-to-date 2024 Distinction level EXAM READY notes* for the Criminal Litigation module of the LPC at BPP University. *Achieved a grade of 96% with just these notes in the exam* *Suitable for students studying the LPC or LLM at the University of Law, BPP & all other universities* Contains a detailed overview of all 6 SGSs in the module, complete with likely answers to questions in the exam and a step-by-step guide to answering every possible long-form question that has been covered in...