Company charged full price two months before start date. GoldCar refused to provide car due to Citibank Visa processing issues. EconomyBookings refused to refund money despite cancellation request
Founded in Perth in 1984 by Brian Cumins. Operates 669 stores across 17 countries as of June 2024. Listed on London Stock Exchange in 1995, then Australian Exchange in 1997. Acquired Safrock Finance and MON-E in 2006. Acquired 80% of Green Light Auto in 2013
LTD is one of the most common business forms in Turkey. Minimum share capital is TRY 50,000 (TRY 10,000 from 2026). No residency requirement for LTD registration. Incorporation process takes approximately 2-4 weeks
Caveat emptor means "Let the buyer beware" in Latin. Principle arises from information asymmetry between seller and buyer. Buyers typically have less information than sellers about products
Turkish Commercial Code recognizes five types of companies. Joint Stock Companies and Limited Liability Companies comprise 82% of total companies. Limited Partnership and Collective Companies comprise approximately 1%
New regulation replaces Euro 6 and Euro 6 standards for EU vehicles. Applies to passenger cars (M1, M2, M3) and heavy-duty vehicles (M₂, M₃, N₂, N₃). Implementation starts in second quarter 2024 after Parliament and Council approval. New light-duty vehicles must comply within 2.5 years, all new vehicles after 1 year. Heavy-duty vehicles require 4 years for new models, 5 years for all new vehicles