Business Law Practice Quiz

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25 Questions

What type of profit is not considered when calculating distributable profits?

Unrealised profits

For 20 years of service, what is the maximum redundancy pay/basic award payment?

£489 per week

What is the main purpose of an AGM (Annual General Meeting) in a company?

Considering accounts

What is the minimum qualification requirement for a company secretary in a public company?

5 years of experience in the company

In a public company, who typically has the authority to appoint and remove the company secretary?

Members

Which action is NOT related to a bonus issue?

Calling for unpaid shares from shareholders

'Apparent authority' arises when:

'A' is held out by 'P' as having authority.

Which type of letter involves providing information about the selection to a post in an organization?

Appointment order

What characteristic of a good letter emphasizes being brief and to the point?

Brevity

In which style of presentation do all typing lines begin at the left-hand margin?

Full block form

Which type of letter involves recommending someone for employment?

Reference letter

What kind of letter is sent to formally refuse a certain request?

Refusal letter

Which type of letter involves requesting assistance, information, or merchandise?

Business enquiry

Which communication style includes appealing to the recipient positively?

Positive approach

What type of written order is placed to purchase goods or services?

Purchase order

Which type of communication involves checking on a customer's credit rating?

Status Enquiries

Which style of presentation includes all typing lines starting at the left-hand margin?

Full Block Form

When was Facebook's website launched?

February 4, 2004

What is the main purpose of LinkedIn?

Professional networking

How do users access Twitter?

Through the website interface, SMS, or mobile device app

What is the defining feature of a blog?

Published in reverse chronological order

What is Instagram primarily used for?

Capturing and sharing moments through photos and videos

Where does Twitter allow users to post tweets?

Website interface, SMS, or mobile device app

From where does most of LinkedIn's revenue come from?

Recruiters accessing user information

What distinguishes Instagram from other platforms mentioned in the text?

'Moments' transformed into art through photos and videos

Test your knowledge in business law with this practice quiz covering topics such as redundancy pay, AGM considerations, and more. Answer questions about realised profits, accumulated losses, and various legal aspects of business operations.

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