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LC BUSINESS - Units 1,2 and 3 Flashcards | StudBud
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LC BUSINESS - Units 1,2 and 3
Pyramid Schemes are forbidden. Which Law includes this?
Google famously use _____ time
LC BUSINESS - Units 1,2 and 3
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LC Business
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Answers
1
Google famously use _____ time
10%
20%
30%
15%
2
Pyramid Schemes are forbidden. Which Law includes this?
Consumer Protection Act 2007
The Sale of Goods and Supply of Services Act 1980
Industrial Relations Act 1990
3
For Consumers, THE CAI stands for?
Consumer Agency International
Customer Agency of Ireland
Central Agency of Intelligence
Consumer Association of Ireland
4
Which of these is NOT a benefit of Delegation?
Work gets done quicker
Workers gain experience
Morale is high
Manager is stressed
5
Maslow's Hierarchy of needs has _____ levels
5
4
6
7
6
Which of the following is NOT a common Stakeholder of a business
Customers
Suppliers
Government
The Irish President
7
Samsung and Apple both try to make the best smartphone. This is an example of a
Cooperative Relationship
Competitive Relationship
8
Which of these isn't one of MASLOW's Levels?
Social Networking
Safety & Security
Self-Actualisation
Self-Esteem
9
Which of the following is NOT a REMEDY for a Breach of Contract?
Damages
Consent to Contract
Specific Performance
Rescind the Contract
10
Which of these is not a SKILL of Managers?
Organising
Leadership
Communication
Motivation
11
Who came up with the Theory X/Y theory?
McGregor
Maslow
12
Goods must be of "MERCHANTABLE QUALITY". Which Law includes this?
Industrial Relations Act 1990
The Sale of Goods and Supply of Services Act 1980
Consumer Protection 2007
13
Complaints against which of the following WOULD NOT be dealt with by the Ombudsman
McDonalds
An Post
The Health Service Executive
The Dept. of Education
14
Coca Cola and Pepsi share the cost of delivering their Products to Supermarkets. This is a
Competitive Relationship
Co-Operative Relationship
15
The Small Claims Court costs
€15
€25
€30
€35
16
Which of the following is an example of CONSIDERATION in contract law?
Being over 18
Being of Sound Mind
Offering €10,000 for a car
Exchanging €10,000 for a Car
17
Which of these is NOT a Leadership Style used by managers?
Theocratic
Democratic
Laissez-Faire
Autocratic
18
Which of the following isn't a LEGAL purpose for forming a Contract?
Buying Bread
Hiring an Accountant
Buying a Stolen Car
Buying a Newspaper
19
A supplier offers Supervalu a 10% discount for quick payment in cash. This is an example of a
Cooperative Relationship
Competitive Relationship
20
Which of these is NOT a function of the NATIONAL CONSUMER AGENCY
Makes sure that Retailers Obey Consumer Laws
Investigate Breaches of Consumer Law
Offer Consumer Advice and Information
Prepare Codes of Practice
21
Which of these is an IMPLICATION of adopting a Theory X style of Management?
Managers have free time
Morale is higher
Staff turnover is high
Staff improve their skills
22
The Small Claims Court deals with products or services valued up to ?
€2,500
€1,000
€2,000
€1,500
23
How many essential elements of contracts are there?
9
7
6
8
24
In terms of TERMINATING a contract, which of these is the odd one out?
Agreement
Performance
Frustration
Legality of Form
25
Shops cannot be false or misleading about the geographic origin of their goods. The Law is?
Sale of Goods and Supply of Services Act 1980
Consumer Protection Act 2007
