Column 1 is a list of six business terms - Leaving Cert Business - Question 8 - 2006
Question 8
Column 1 is a list of six business terms. Column 2 is a list of seven explanations for these terms.
(One explanation has no match.)
1. Compensation
2. Commission
3... show full transcript
Worked Solution & Example Answer:Column 1 is a list of six business terms - Leaving Cert Business - Question 8 - 2006
Step 1
1. Compensation
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E: A payment made to an insured person who has suffered a loss.
Step 2
2. Commission
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B: Payment based on value of goods sold.
Step 3
3. PAYE
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D: Pay As You Earn.
Step 4
4. Grants
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Answer
C: Non-repayable finance given to an enterprise.
Step 5
5. Mortgage
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G: Long-term loan for buying property.
Step 6
6. Premium
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Answer
A: Annual fee paid to an insurance company.
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