Write True or False after each of the following statements. 1. The treasurer is responsible for taking the minutes of a meeting. 2. A disadvantage of meetings is that they allow for clarification and feedback. 3. An extraordinary general meeting of shareholders must take place annually. 4. AOB is usually listed at the top of a meeting agenda. 5. A quorum refers to the number of members/shareholders who must be present before a meeting can take place.

Leaving Cert Business People in Business & Contracts: Write True or False after each o

Write True or False after each of the following statements - Leaving Cert Business - Question 7 - 2022

Question 7

Write True or False after each of the following statements. 1. The treasurer is responsible for taking the minutes of a meeting. 2. A disadvantage of meetings is t... show full transcript

Worked Solution & Example Answer:Write True or False after each of the following statements - Leaving Cert Business - Question 7 - 2022

Step 1

1. The treasurer is responsible for taking the minutes of a meeting.

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Answer

False. The responsibility for taking minutes often falls on the secretary of the meeting, not the treasurer.

Step 2

2. A disadvantage of meetings is that they allow for clarification and feedback.

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Answer

False. Allowing for clarification and feedback is actually an advantage of meetings, enhancing communication.

Step 3

3. An extraordinary general meeting of shareholders must take place annually.

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Answer

False. Extraordinary general meetings are not required to be held annually; they are called as needed.

Step 4

4. AOB is usually listed at the top of a meeting agenda.

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Answer

False. AOB (Any Other Business) is normally listed towards the end of the agenda, allowing for additional topics.

Step 5

5. A quorum refers to the number of members/shareholders who must be present before a meeting can take place.

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117 rated

Answer

True. A quorum is the minimum number required to conduct business and validate the meeting's decisions.

Write True or False after each of the following statements - Leaving Cert Business - Question 7 - 2022

Worked Solution & Example Answer:Write True or False after each of the following statements - Leaving Cert Business - Question 7 - 2022

1. The treasurer is responsible for taking the minutes of a meeting.

2. A disadvantage of meetings is that they allow for clarification and feedback.

3. An extraordinary general meeting of shareholders must take place annually.

4. AOB is usually listed at the top of a meeting agenda.

5. A quorum refers to the number of members/shareholders who must be present before a meeting can take place.

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