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Column 1 is a list of business terms - Leaving Cert Business - Question 13 - 2013

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Question 13

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Column 1 is a list of business terms. Column 2 is a list of explanations for these terms. (One explanation has no match.) 1. Certificate of Incorporation 2. Artic... show full transcript

Worked Solution & Example Answer:Column 1 is a list of business terms - Leaving Cert Business - Question 13 - 2013

Step 1

1. Certificate of Incorporation

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Answer

D. Document proving the company legally exists.

Step 2

2. Articles of Association

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Answer

F. Internal rules governing how a company operates.

Step 3

3. Private Limited Company

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E. Has the abbreviation LTD after its name.

Step 4

4. Sole Trader

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B. Has unlimited liability.

Step 5

5. Memorandum of Association

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C. It states the main objectives of the company.

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