Business Law Practice Quiz
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Questions and Answers

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

  • Unrealised profits (correct)
  • Accumulated realised losses
  • Accumulated realised profits
  • Bonus issue profits
  • For 20 years of service, what is the maximum redundancy pay/basic award payment?

  • £489 per day
  • £489 per year
  • £489 per week (correct)
  • £489 per month
  • What is the main purpose of an AGM (Annual General Meeting) in a company?

  • Issuing bonus shares
  • Considering accounts (correct)
  • Electing auditors
  • Appointing directors
  • What is the minimum qualification requirement for a company secretary in a public company?

    <p>5 years of experience in the company</p> Signup and view all the answers

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

    <p>Members</p> Signup and view all the answers

    Which action is NOT related to a bonus issue?

    <p>Calling for unpaid shares from shareholders</p> Signup and view all the answers

    'Apparent authority' arises when:

    <p>'A' is held out by 'P' as having authority.</p> Signup and view all the answers

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

    <p>Appointment order</p> Signup and view all the answers

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

    <p>Brevity</p> Signup and view all the answers

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

    <p>Full block form</p> Signup and view all the answers

    Which type of letter involves recommending someone for employment?

    <p>Reference letter</p> Signup and view all the answers

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

    <p>Refusal letter</p> Signup and view all the answers

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

    <p>Business enquiry</p> Signup and view all the answers

    Which communication style includes appealing to the recipient positively?

    <p>Positive approach</p> Signup and view all the answers

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

    <p>Purchase order</p> Signup and view all the answers

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

    <p>Status Enquiries</p> Signup and view all the answers

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

    <p>Full Block Form</p> Signup and view all the answers

    When was Facebook's website launched?

    <p>February 4, 2004</p> Signup and view all the answers

    What is the main purpose of LinkedIn?

    <p>Professional networking</p> Signup and view all the answers

    How do users access Twitter?

    <p>Through the website interface, SMS, or mobile device app</p> Signup and view all the answers

    What is the defining feature of a blog?

    <p>Published in reverse chronological order</p> Signup and view all the answers

    What is Instagram primarily used for?

    <p>Capturing and sharing moments through photos and videos</p> Signup and view all the answers

    Where does Twitter allow users to post tweets?

    <p>Website interface, SMS, or mobile device app</p> Signup and view all the answers

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

    <p>Recruiters accessing user information</p> Signup and view all the answers

    What distinguishes Instagram from other platforms mentioned in the text?

    <p>'Moments' transformed into art through photos and videos</p> Signup and view all the answers

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