Key Words

Question 1

Bik

Answer 1

Benefit in Kind

Non financial form of pay

Question 2

Equity capital

Answer 2

The share of the profit called divedend that investors get

Question 3

Ultra Vires

Answer 3

Company director acting beyond there legal power

Question 4

Invitation to threat

Answer 4

Price tag is not an offer Its an invitation to threat

Question 5

Binding arbitration

Answer 5

Both party’s agree in advance that they will accept the ruling

Question 6

Caveat emptor

Answer 6

Let the buyer beware

Question 7

Commercial practices

Answer 7

Cover general dealings between consumers and businesses