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[主观题]

In January 2011 Mr Fang, the owner of a private enterprise, entered into a loan agreement

and a mortgage agreement with a local credit association (Credit Association) to borrow RMB 2 million yuan for one year to meet the needs of his business operation, and provided his own house as the subject matter under the mortgage agreement. After the conclusion of the mortgage agreement, Mr Fang and Credit Association went to register the mortgage agreement with the local real estate registration centre.

In June 2011 Mr Fang leased the same house to Ms Lee for a period of two years.

Due to the sudden change of the market and poor operation of his enterprise, Mr Fang was unable to repay the principal and interest as agreed when the loan matured at the end of January 2012. Credit Association filed a lawsuit in the people’s court and obtained a judgement in favour of its claim for the principal RMB 2 million yuan plus interest.

Credit Association then advised Ms Lee to leave the house, as it has been authorised by the people’s court to organise a public auction to sell the house for the enforcement of the judgement. Ms Lee refused to leave the house on the grounds that the lease agreement was an effective one between Mr Fang and herself and would last until the end of June 2013. In addition, Credit Association’s right of mortgagee should not affect her right under the lease agreement.

Required:

Answer the following questions in accordance with the relevant provisions of the Property Law, and give your reasons for your answer:

(a) state whether Ms Lee’s grounds for refusal to leave the house can be established. (5 marks)

(b) state how Ms Lee should deal with the current situation. (5 marks)

提问人：网友guocomputer 发布时间：2022-01-07

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更多“In January 2011 Mr Fang, the o…”相关的问题

第1题

听力原文：M: Hello, Karen Williams speaking.F: Hello, Karen, this is Alice Everett here.M:

听力原文：M: Hello, Karen Williams speaking.

F: Hello, Karen, this is Alice Everett here.

M: Oh, hello, Mrs Everett. How are you？

F: Fine, thanks. Karen, the reason I am ringing is to sort out the arrangements for my visit to Liverpool next month. I'd like to go over the whole itinerary.

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M: Well, the plane arrives at 10:00 a.m.

F: That's good. When am I supposed to meet Mr Davis from Sunrise？

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&8226;Look at the form. below.

&8226;You will hear a man calling to check the schedule.

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12:30: lunch appointment with Mrs Rebecca from

(11) ___________________

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第2题

Which hook is employed？ On January 8, 2011, the worst snowstorm in the history of my state paralyzed our area.

A、Posing an interesting or controversial question

B、Using a relevant quotation

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第3题

Mr Bod has paid rent of $2,400 for the period 1 January 20X8 to 31 December 20X8. His firs

t accounts are being drawn up for the nine months ended 30 September 20X8. What should his first accounts show？

A、Only a rent expense of $2,400

B、A rent expense of $1,800 and a pre-payment of $600

C、A rent expense of $1,800 and accrued income of $600

D、A rent expense of $2,400, with an explanatory note that this is the usual charge for 12 months

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第4题

On January 1, 2009, Bao limited bought a piece of manufacturing equipment for $250,00

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第5题

In January 2011 Department Store entered into a sales contract with Appliance Co to buy 10

0 refrigerators from the latter at a price of RMB 3,000 yuan/piece, total price being RMB 300,000 yuan. The payment would be made in two instalments: 100,000 yuan as advance payment to be paid after the conclusion of the contract, and the remaining 200,000 yuan to be paid in April 2011. Upon receiving the advance payment Appliance Co would deliver all the products. After the conclusion of the sales contract, Department Store made the first payment of 100,000 yuan and received all the products delivered by Appliance Co.

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Required:

Answer the following questions in accordance with the relevant provisions of the Contract Law, and give your reasons for your answer:

(a) state the nature and different forms of set-off as presented by Appliance Co to Department Store; (4 marks)

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第6题

Manco has been experiencing substantial losses at its furniture making operation which is

treated as a separate operating segment. The company’s year end is 30 September. At a meeting on 1 July 2010 the directors decided to close down the furniture making operation on 31 January 2011 and then dispose of its non-current assets on a piecemeal basis. Affected employees and customers were informed of the decision and a press announcement was made immediately after the meeting. The directors have obtained the following information in relation to the closure of the operation:

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第7题

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Auditor’s opinion

In our opinion, because of the significance of the matter discussed below, the financial statements do not give a true and fair view of the financial position of Snipe Co as at 31 January 2012, and of its financial performance and cash flows for the year then ended in accordance with International Financial Reporting Standards.

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Required:

Critically appraise the extract from the proposed audit report of Snipe Co for the year ended 31 January 2012.

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第8题

Questions 16-22 ？Read the minutes of the meeting below. ？Are the sentences 16-22 "Right" o

Questions 16-22

？Read the minutes of the meeting below.

？Are the sentences 16-22 "Right" or "Wrong"？ If there is not enough information to answer "Right" or "Wrong", choose "Doesn't say" .

？For each sentence (16-22), mark one letter (A, B or C).

MINUTES OF THE MEETING HELD IN

CONFERENCE ROOM NO. 8

ON MONDAY 19TH MAY 2008

Present: Mr Wang Kai, General Manager, in the chair

Mr Li Fei, Production Manager

Mr Huang Shu, Purchase Manager

Ms Oheng Li, Sales Manager

Miss Song Yu, Secretary (Minutes Keeper)

The meeting was opened at 8.30 a.m. by Mr Wang Kai.

Apologies for absence

Mr Hu Su, Personnel Manager

Miss Lu Ping, Sales Assistant

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The minutes of the last meeting were read, confirmed and signed.

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A．Right

B．Wrong

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