Leaving Cert Business 2013

The shareholders have limited liability

The shareholders have unlimited liability

It has a separate legal existence from its owners

Entitled to have between 1 and 50 shareholders

Entitled to have between 1 and 99 shareholders

The company ends in the event of changes such as the death of a shareholder/director

The company does not end in the event of changes such as the death of a shareholder/ director. (Continuity of existence)

Shareholders have one vote per share at the AGM.

Shareholders have one vote each at the AGM

National Consumer Agency

National Contact Authority

Native Control Agency

To provide information to consumers on their rights in relation to the purchase of goods and services

To provide details about specific purchases made by consumers

To enforce the relevant consumer law and encourage compliance

To investigate suspected offences

To allow false advertising and pricing

To prohibit false pricing

To refer cases to the Director of Public Prosecutions where appropriate.

True

False

True

False

True

False

True

False

True

False