C、It binds both parties

16 Su had just passed her driving test when she negligently drove into a pedestrian. What standard of care will Su be judged by?

A、 The objective standard of a newly qualified driver, lack of experience will be taken into account

B、The objective standard of a competent driver, lack of experience will not be taken into account

C、The subjective standard of actual ability

17 Which of the following are ordinary partnerships UNABLE to create in relation to their property?

A、Mortgages

B、Fixed charges

C、 Floating charges

18 Which of the following courts deal with civil law matters ONLY?

A、The Crown Court

B、 The magistrates’ court

C、 The county court

19 Jo promises to pay a reward for the return of her lost phone. Mia finds the phone and returns it to Jo. Which of the following types of consideration has Mia provided?

A、 Executed consideration

B、Executory consideration

C、 Past consideration

20 Which of the following requires court approval before the appointment of an administrator?

A、 Creditors

B、 Holders of floating charges

C、 The directors of the company

D、 The company itself