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6 building blocks · blurt the topic, then mark it block by block against the answer key.
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Preview the first part of the topic. Unlock SQE2 Playbook to answer prompts, get marked against the answer key, repair gaps, and carry the topic into review.
6 of 6 shown
Draft a reserved matter preventing the company from entering any contract with a total value above GBP 100,000 without prior approval from holders of at least 75% of voting shares.
Repair this proposed article: 'The directors must obtain consent before making any important decision.' Give a usable replacement limited to borrowing above GBP 250,000.
Draft a short article allowing the board to delegate procurement contracts up to GBP 50,000 to a committee and to vary or revoke that authority.
Add one sentence resolving a conflict between a procurement delegation and a reserved matter requiring member consent for related-party contracts.
Two founders each hold 50% of voting shares. A draft requires consent of holders of more than 75% for every new employee. Identify the drafting risk and propose a proportionate repair.
Draft a reserved-matters and delegation section for Finch Robotics Ltd: its board may delegate purchases up to GBP 40,000 to an operations committee, but borrowing above GBP 200,000 and disposals of core intellectual property require prior approval of holders of 75% of voting shares. Include a priority rule and revocation mechanism.
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