IreneChung

Q.
With reference to the Arbitration Act 2005, discuss the competence of the Arbitration Tribunal to rule on its jurisdiction.

(20 marks, 2016 Q2)

A.
Refer below posts.

Kompetenz-kompetenz

Competence of […]

Q.
Describe the followings:

(a) The Federal Constitution
(b) State Constitution
(c) Legislation
(d) Subsidiary legislation

(20 marks, 2016 Q3)

A.
The time allowable to write is 36 min (about 30 min), so concise […]

Q.
(a) Describe the term Magnitude of Risk in professional negligence. (10 marks)

(b) State two (2) differences between private nuisance and public nuisance. (10 marks)

(20 marks, 2016 Q4)

A.
a)
Similar […]

Q.
An important liability that real estate professionals seek to avoid is negligence. Explain four (4) elements necessary to prove negligence.

(20 marks, 2016 Q5)

A.
Refer to

2013 Q6b
Elements to prove […]

Q.
Discuss the doctrine of separation of powers in Malaysia.

(20 marks, 2016 Q6)

A.
Similar question was asked in

2011 Q7a

Ref:
Earlier post.

Q.
Discuss the creation of agency according to Part X of Contracts Act, 1950 (amended 1 Jan 2006).

(20 marks, 2016 Q7)

A.
Refer to

Law of agency in Malaysia

Ref:
Earlier post.

Q.(a) Differenciate between sole proprietorship and partnership. (5 marks)(b) Discuss five (5) characteristics of a fixed asset. (15 marks)(20 marks, 2016 Q1)A.Ref:

Q.Using appropriate examples, explain the following accounting concepts:(a) Accruals Concepts(b) Prudence Concept(c) Consistency Concept(d) Going Concern Concept(20 marks, 2016 Q2)A.Ref:

Q.The following information on assets was extracted from the Financial Statement of ATOZ Sdn Bhd on 1 Ogos 2014:The company purchased a new vehicle priced at RM54,000 from Auto Amity Sdn Bhd on 10 September 2014. […]

Q.The following trial balance was extracted from the books of Ban Soon on 30 April 2015:Prepare:(a) Trading and profit loss account for the year ended 31 April 2015.(b) Balance Sheet as at 31 April 2015.(20 marks, […]

Q.Prepare accounts for the following transactions:(20 marks, 2016 Q5)A.Ref:

Q.Enter the following transactions in a three-column cash book:(20 marks, 2016 Q6)A.Ref:

Q.The following are extracts from the cash book and the bank statement of PCLO Enterprise:(20 marks, 2016 Q7)A.Ref:

Q.(a) Prepare sales, purchases, return inwards and return outwards day books.(b) Post the items to the relevant accounts in the sales and purchases ledgers.(c) The total of day books are then to be transferred to […]

Q.
(a) Explain the differences between ‘Contribution in Aid of Rates’ and Rating. (10 marks)

(b) Additional Premium will be imposed if the State Authority approves application to any changes to the existing […]

Q.With reference to Local Government Act 1976 (As amended), explain:(a) the steps taken by a local authority to prepare and implement a new Valuation List. (20 marks)(b) determination of Annual Value for vacant […]

Q.(a) Under the Real Property Gains Tax Act 1976, explain the following:i) Incidental Cost (5 marks)ii) Disposal Price (5 marks)(b) Alex bought a double storey factory building from a developer on 20th August 2012 […]

Q.
With reference to Town and Country Planning Act 1976 (As amended), calculate the total Development Charge of the following:

(a) Nazri proposed to develop a housing scheme of 200 residential units on his 3 acre […]

Q.
With reference to the Income Tax Act 1967 (as amended),

(a) State any FIVE (5) classes of income that are exempted from Income Tax. (10 marks)

(b) With examples, explain what are the deductible expenses from […]

Q.
With reference to the Stamp Act 1949 (As amended),

(a) Explain the procedure for objection by the purchaser who is dissatisfied with the duty imposed by the Collector of Stamp Duty. (15 marks)

(b) Explain […]