Thomas Sim PEA2066

Q.

If a tenant or visitor is injured on property owned by a landlord, is the landlord liable for the injuries?

A.

Landlords have a duty to

properly maintain common areas;
warn of hidden dangers which t […]

Q.

c) Describe the types of building structures that are commonly used in the housing project development in Malaysia. (10 marks)

(25 marks, 2014 Q3)

A.

There is a definition of “building structures” according […]

Q.

What is securitization of assets?

Investopedia has the below explanation of “What is securitization?”

Securitization is the process of taking an illiquid asset, or group of assets, and through financial en […]

CIRCULAR 8/2002

Date : 28 November 2002
TO : ALL REGISTERED VALUERS, APPRAISERS, ESTATE AGENTS, PROBATIONARY VALUERS AND PROBATIONARY ESTATE AGENTS
Dear Sir/Madam
Marketing Of Foreign Properties
The Board […]

Q.
a) Describe any two (2) criteria that differentiate the free economic system and central planning economic system. (10 marks)

b) Describe any five (5) difference between Domestic Trade and International Trade. […]

Q.
a) Describe the difference between the balance of payments and the balance of trade. (10 marks)

b) Explain the difference between macroeconomics and microeconomics. (10 marks)

(20 marks, 2018 Q2)

A.

a) […]

Q.
a) Explain the difference between firm and industry. (10 marks)

b) Explain the following two (2) types of inflation:

i. Cost-push inflation (5 marks)

ii. Demand-pull inflation (5 marks)

(20 marks, 2018 […]

Q.
Describe the following four (4) factors in production.

a) Labour (5 marks)

b) Land (5 marks)

c) Capital (5 marks)

d) Entrepreneurs (5 marks)

(20 marks, 2018 Q4)

A.

Factors of production is an economic […]

Q.
Define the following categories of goods with appropriate example:

a) Free Goods (5 marks)

b) Public Goods (5 marks)

c) Producer Goods (5 marks)

d) Consumer Goods (5 marks)

(20 marks, 2018 Q5)

A.

a) Free […]

Q.
a) Discuss the difference between demand-pull inflation and wage pull inflation. (10 marks)

b) Discuss how the following policies control the economy situation.

i. Monetary Policy (5 marks)

ii. Fiscal Policy […]

Q.
a) Explain the difference between Current Deposits and Saving Deposits. (10 marks)

b) Describe the difference between explicit costs and implicit costs by definition, concept and appropriate examples. (10 […]

Q.
a) Describe the main functions of commercial banks based on the two (2) following aspects:

i. Acceptance of deposits (5 marks)

ii. Loan Facilities (5 marks)

b) Discuss two (2) methods of measuring the […]

Q.
With relevant examples, describe the various sources of Malaysian law.

(20 marks, 2018 Q1)

A.
2011 Q1
2014 Q3
2017 Q6
ACCA Dec 2010
2018 Q1 (this question)

Ref:
Earlier posts.

Q.
Explain and state the structure and function of legislation in Malaysia.

(20 marks, 2018 Q2)

A.

There was earlier post on Legislation and subsidiary legislation in 2017 Q2, however this question asks about […]

Q.
An empty promise is not binding, unless it is sealed. Describe the types of Consideration, with the appropriate examples.

(20 marks, 2018 Q3)

A.

Three types of considerations, the past, present and future […]

Q.
Explain the differences between Public Nuisance and Private Nuisance.

(20 marks, 2018 Q4)

A.

Similar question was asked in

2016 Q4b

A summary between the differences are extracted from
Public […]

Q.
Danial wants to sell a car worth RM50,000.00 at a price of RM100.00, which is a Consideration in a sum in not equal to the value, is the Consideration valid?

Danial seeks your advise as to what law is […]

Q.
Discuss the nature of relationship between a land owner and an estate agent.

(20 marks, 2018 Q6)

A.

Read Law of Agency in Malaysia.

Land owner and an estate agent can be related to each other as in agency […]

Q.
With reference to the Arbitration Act 2005, state the reasons for rejecting the recognition or enforcement of an award.

(20 marks, 2018 Q7)

A.

Similar question was asked in 2012 Q5 on refusing recognition a […]

Q.
a) Explain what is the definition of misrepresentation. (5 marks)

b) Sofia bought a home from the Putri Developer Company. When the house is ready, Sofia sells the house to Danial. Danial read the brochure […]