Business and the Legal Environment (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What happens when UK businesses import goods from other EU member states under the single market?
What happens when UK businesses import goods from other EU member states under the single market?
They don't pay tax on those goods
What does the EU customs union mean for goods entering the EU?
What does the EU customs union mean for goods entering the EU?
Same customs duties apply to all goods
In 2014, the EU banned vacuum cleaners exceeding what wattage due to energy efficiency concerns?
In 2014, the EU banned vacuum cleaners exceeding what wattage due to energy efficiency concerns?
1600 watts
What is price fixing in competition law?
What is price fixing in competition law?
Agreeing to keep prices above a level
Which UK body enforces competition laws and prevents businesses from breaking these rules?
Which UK body enforces competition laws and prevents businesses from breaking these rules?
Competition and Markets Authority (CMA)
At what minimum market share does a business hold a dominant position?
At what minimum market share does a business hold a dominant position?
At least 50%
What is predatory pricing?
What is predatory pricing?
Selling at a loss to force rivals out
What does the WEEE Directive require businesses to do?
What does the WEEE Directive require businesses to do?
Increase recycling of electrical equip.
When was the Landfill Tax introduced and what was its aim?
When was the Landfill Tax introduced and what was its aim?
1996, to reduce waste in landfill sites
What does the Trade Descriptions Act 1968 prevent businesses from doing?
What does the Trade Descriptions Act 1968 prevent businesses from doing?
Misleading consumers with false info