Brendan Mitchell will be returning to Ireland on 1 July 2015 to live at The Quay, Arklow, Co - Junior Cycle Business Studies - Question 4 - 2015

1. Standing Charge: €10.90 per month
2. Units Used: 400 units
3. Unit Rate: €0.1715 per unit
4. Subtotal:
   • €10.90 + (400 * €0.1715) = €10.90 + €68.60 = €79.50
5. Discount: 20% discount on electricity used:
   • 20% of €68.60 = €13.72
6. Subtotal After Discount:
   • €79.50 - €13.72 = €65.78
7. VAT: 13.5% of €65.78 = €8.88
8. Total Cost for Electric Power:
   • €65.78 + €8.88 = €74.66

I would advise him to choose the Electric Power Company because the net monthly payment will be cheaper than Electric Saver's by €2.88 per month.

Mr Brendan Mitchell
The Quay
Arklow
Co. Wicklow

9 June 2015

The Square
Rathdowney
Co. Laois

Re: Information on purchasing home insurance

Dear Brendan,
In response to your query seeking advice on purchasing home insurance, I hope the following will be of benefit to you.

When purchasing insurance, you need to understand the relevant principles of insurance which are as follows:

1. Insurable Interest: You must have a financial interest in any item you want to insure/you must stand to gain by its existence or suffer financially by its loss.

2. Utmost Good Faith: You must answer all the questions on a proposal form truthfully/disclose all material facts which may affect the insurance contract.

I hope this is of some help to you and feel free to contact me at any time.

Yours sincerely,
Gerry Murphy

(i) Goods will not be exchanged - Sale of Goods and Supply of Services Act 1980.

(ii) Go-Run Running Shoes - Consumer Information Act 1978/Consumer Protection Act 2007.