Enterprise Value Trivia Questions

The Sex Discrimination Act is the correct answer because it is a legislation that protects individuals from being discriminated against based on their sex or gender in various areas, including the workplace. This act ensures that men and women are treated equally and have the same opportunities and rights in employment, promotion, and other work-related matters. It prohibits gender-based discrimination and promotes gender equality in all aspects of employment.

The Copyright Designs and Patents Act protects the rights of investors to stop other people from using their ideas without permission. This legislation provides legal protection for original works, such as inventions, designs, and artistic creations, giving the creators exclusive rights to use and profit from their creations. It allows investors to prevent others from copying, distributing, or using their ideas without permission, ensuring that their intellectual property rights are protected.

A firewall is a computer protection system that monitors and controls incoming and outgoing network traffic. It acts as a barrier between a computer or network and potential threats from the internet, allowing authorized traffic to pass through while blocking unauthorized or malicious traffic. It helps protect against unauthorized access, viruses, and other cyber threats by examining network packets and determining whether to allow or deny them.

The Health and Safety at Work Act is the correct answer because it is a legislation that protects everyone in a workplace, regardless of their specific characteristics or background. This act ensures that employers have a duty to provide a safe and healthy working environment for their employees, and it also sets out the rights and responsibilities of both employers and employees in maintaining workplace safety. It covers a wide range of issues such as risk assessments, accident prevention, and employee training, making it a comprehensive legislation for workplace protection.

Bringing a calculator to an E&E (Engineering and Economics) exam is allowed.

A capped mortgage is similar to a fixed rate mortgage as it has a pre-set rate that it will not exceed. However, unlike a fixed rate mortgage, the interest rate on a capped mortgage can fluctuate and go down if the market rates decrease. This type of mortgage offers some flexibility to borrowers as it provides a cap on the maximum interest rate they will have to pay, protecting them from significant increases in their monthly payments.

Bringing a calculator into an E&E exam would be necessary for working out the interest rate on a loan question. Calculators are essential for performing complex mathematical calculations quickly and accurately. In this case, calculating the interest rate requires mathematical operations such as division, multiplication, and possibly exponentiation. A calculator would enable the student to input the necessary values and obtain the correct interest rate without errors or time-consuming manual calculations.

At the planning stage of any enterprise, it is important to set achievable goals to ensure that the objectives can be realistically met. Setting SMART targets is also crucial as it helps to define specific, measurable, achievable, relevant, and time-bound objectives. Additionally, setting timescale/milestones allows for effective monitoring and evaluation of progress throughout the project, ensuring that it stays on track and deadlines are met. These three aspects provide a strong foundation for successful planning and execution of an enterprise.

Paying more than the market value for something is an example of the concept of Fair Trade. Fair Trade is a movement that aims to ensure fair wages and better working conditions for producers, particularly in developing countries. By paying more than the market value, consumers are supporting this concept and helping to create a more equitable trading system.

An endowment mortgage is a type of mortgage where the monthly payments only cover the interest on the loan, and a separate investment plan, typically an endowment policy, is used to accumulate funds to pay off the capital at the end of the mortgage term. Therefore, the statement "With an Endowment Mortgage your monthly payments only pay off the interest on the loan. You must get something else to pay off the capital" is true.

An endowment policy is a type of life insurance policy that is designed to pay out a lump sum of money after a specific term or upon the death of the policyholder. In the context of an endowment mortgage, the endowment policy is used to ensure that the loan amount is paid off at the end of the mortgage term. The policy is linked to the mortgage and the premiums paid towards the policy help to build up a savings or investment fund that can be used to repay the mortgage. Therefore, getting an endowment policy is necessary to ensure that the actual loan amount is paid off.

The correct answer is Tied financial advice. Tied financial advice refers to advice provided by a financial advisor who is restricted to recommending products from a specific company or group of companies. In this case, since Louisa and Bill are discussing mortgage options with their own bank, Nationwide, the advice they receive would be considered tied financial advice.

Equity from property refers to the practice of using one's property as collateral to obtain a loan. This means that if the borrower defaults on the loan, the lender has the right to seize the property in order to recover their money. By using their property as security, individuals can access larger loan amounts and potentially secure lower interest rates. This practice is commonly used in mortgage loans, where the property serves as collateral until the loan is fully repaid.

To evaluate the success of something, counting the numbers attending can provide a quantitative measure of the level of participation or interest. Additionally, conducting a questionnaire or asking people for their opinions can provide qualitative feedback on their satisfaction or perception of the success. By combining both quantitative and qualitative data, a comprehensive evaluation can be obtained to assess the overall success of the endeavor.

A tracker mortgage is a type of mortgage that is linked to the Bank of England rate. This means that the interest rate on the mortgage will move up and down in line with any changes to the Bank of England rate. Therefore, as the question states that the mortgage moves up and down with the Bank of England rate, the correct answer is Tracker.

A discounted mortgage is a type of mortgage where the borrower receives a discounted interest rate from the lender for a specific period of time. This means that the monthly payments can vary as the interest rate changes, but the borrower benefits from a lower interest rate during the discounted period.