SQE1 Business Law & Practice – 100 SBA Questions & Explanations | 2026–27 Edition

Prepare for SQE1 Business Law & Practice with 100 original client-based Single Best Answer (SBA) questions designed to develop the applied reasoning required in the SQE1 assessment.

This 2026–27 edition is aligned to the SQE1 Assessment Specification applicable from 1 September 2026 and contains 100 questions, each with five answer options (A–E), one best answer, a concise explanation and a focused exam point.

Designed for SQE1-Style Application

SQE1 is a closed-book assessment of functioning legal knowledge. Candidates must apply legal principles to realistic client-based and ethical scenarios rather than simply recall legal rules.

This question bank is designed to develop that skill. Each problem requires you to:

• identify the client and their objective;

• recognise the decisive legal or practical issue;

• apply the correct rule;

• eliminate plausible but inaccurate distractors; and

• select the single best practical answer.

Professional conduct is integrated throughout, reflecting the way ethical issues can arise across Business Law & Practice.

Comprehensive Business Law & Practice Coverage

The 100 questions are structured across the principal SQE1 Business Law & Practice areas:

Business Organisations & Formation

• sole traders;

• general partnerships;

• LLPs;

• private and public companies;

• incorporation;

• separate legal personality;

• constitutional documents; and

• pre-incorporation contracts.

Finance, Shares & Accounting

• debt and equity finance;

• fixed and floating charges;

• registration of security;

• distributions and dividends;

• share allotments;

• pre-emption rights;

• redemption and buybacks; and

• company accounting records.

Corporate Governance & Compliance

• directors’ statutory duties;

• conflicts of interest;

• care, skill and diligence;

• shareholder resolutions;

• director removal;

• meetings and quorum;

• derivative claims;

• unfair prejudice; and

• professional conduct.

Partnerships & LLPs

• default partnership rules;

• authority of partners;

• management rights;

• profit sharing;

• admission of new partners;

• personal liability;

• LLP structure; and

• conflicts and confidentiality.

Insolvency & Business Termination

• administration;

• company voluntary arrangements;

• liquidation;

• transactions at an undervalue;

• preferences;

• wrongful and fraudulent trading;

• floating charge vulnerability;

• fixed asset receivership;

• prescribed part;

• IVA and bankruptcy; and

• insolvency priority.

Business Taxation

• income tax;

• partnership taxation;

• corporation tax;

• capital gains tax;

• VAT;

• inheritance tax and Business Relief;

• available business reliefs;

• anti-avoidance; and

• professional conduct.

The coverage map divides the bank into business organisations, finance, corporate governance, partnerships and LLPs, insolvency, and business taxation.

Practical Exam-Focused Method

The resource includes a fast SQE1 SBA method:

Identify the Client → Classify the Issue → State the Rule → Eliminate Overstatements → Choose the Best Practical Answer → Check Ethics

This helps candidates avoid one of the most common problems with SBA questions: selecting an answer that sounds generally correct rather than the answer that most accurately resolves the particular client problem.

What’s Included

• 100 SQE1-style SBA questions

• Five answer options for every question

• One clearly identified best answer

• Concise explanations

• Focused exam points

• Client-based factual scenarios

• Professional conduct integrated throughout

• Coverage aligned to the assessment specification applicable from 1 September 2026

• Dedicated revision across business structures, finance, governance, partnerships, insolvency and taxation

  
  

Ideal For

This resource is ideal for SQE1 candidates who want to:

• practise realistic SBA-style questions;

• strengthen application rather than passive memorisation;

• improve elimination of distractor answers;

• revise Business Law & Practice systematically;

• identify weak areas before the assessment; and

• develop the practical reasoning expected of a newly qualified solicitor.

  
  

Digital Product

This is a digital study resource designed for independent SQE1 preparation and repeated active recall.

Apply the Rule. Choose the Best Answer. Think Like a Newly Qualified Solicitor.

Independent educational resource. Not produced, endorsed or approved by the Solicitors Regulation Authority (SRA), Kaplan or any assessment provider. Candidates should confirm the applicable SQE Assessment Specification and law cut-off date for their assessment window.