Write True or False after each of the following statements - Leaving Cert Business - Question 7 - 2022
Question 7
Write True or False after each of the following statements.
1. The treasurer is responsible for taking the minutes of a meeting.
2. A disadvantage of meetings is t... show full transcript
Worked Solution & Example Answer:Write True or False after each of the following statements - Leaving Cert Business - Question 7 - 2022
Step 1
1. The treasurer is responsible for taking the minutes of a meeting.
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
False. Typically, the secretary is responsible for taking the minutes of a meeting, not the treasurer.
Step 2
2. A disadvantage of meetings is that they allow for clarification and feedback.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
False. Allowing for clarification and feedback is actually one of the advantages of meetings.
Step 3
3. An extraordinary general meeting of shareholders must take place annually.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
False. Extraordinary general meetings are called as needed and do not have to occur annually.
Step 4
4. AOB is usually listed at the top of a meeting agenda.
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
False. AOB (Any Other Business) is generally listed towards the end of the agenda.
Step 5
5. A quorum refers to the number of members/shareholders who must be present before a meeting can take place.
97%
117 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
True. A quorum is defined as the minimum number of members that must be present at a meeting for it to be valid.
Join the Leaving Cert students using SimpleStudy...