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(a) Outline the purpose of a company’s ‘Articles of Association’. (b) List three items of information included in the ‘Articles of Association’.
(2010)
Study the break-even chart below and answer the following questions in the Answer Box provided: (i) Break-even point (BEP) in units and in euros (ii) The Profit at Forecast Sales (10,000units) in euros. (iii) Margin of safety (MOS) in units.
Illustrate the difference between the insurance principles ‘Insurable Interest’ and ‘Indemnity’. (a) Insurable interest is:
Distinguish between a Quota and a Tariff as barriers to free trade between countries.
Outline three grounds for fair dismissal under the terms of Unfair Dismissals Act 1977/93.
