Mid-week Quiz - 29/04/2020

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1. Which now-ubiquitous US company was founded in 1997, initially operating as a postal DVD rental business?

Explanation

The founders originally considered VHS rental as a business model, and were inspired by Amazon.

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Mid-week Quiz - 29/04/2020 - Quiz

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2. What unusual item does Italy's Credem bank accept as collateral when offering business loans?

Explanation

Credem owns a warehouse in northern Italy storing around 300,000 wheels of finest Parmigiano-Reggiano as collateral against loans to local farmers.

Spanish bank Bankia offered the loan for Cristiano Ronaldo as collateral for ECB support; banks in Hong Kong are known to take racehorses.

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3. What tax(es) do you pay to HMRC on purchases of petrol or diesel?

Explanation

Good luck to you if you thought it was zero-rated.

Fuel duty in the UK is one of the highest in the world at 57.95p per litre - and on top of that VAT is also charged - a tax on tax!

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4. It was announced this week that the 2021 Tokyo Olympics won't be postponed again - they will instead be scrapped if they can't be held then. Where will the 2024 Summer Olympics be held?
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5. Can you match the interesting tourist board descriptions to the British seaside resort they are promoting?
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Which now-ubiquitous US company was founded in 1997, initially...
What unusual item does Italy's Credem bank accept as collateral...
What tax(es) do you pay to HMRC on purchases of petrol or diesel?
It was announced this week that the 2021 Tokyo Olympics won't be...
Can you match the interesting tourist board descriptions to the...
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