Business 9609 · AS & A Level · Business structure

Business structure — practice question

Part 1[3]

Briefly explain the meaning of the term ‘sole trader’ (line 1).

Worked solution & mark scheme

This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: A – One individual: the business is owned by a single person (this is required first; without this point, the other marks may not be enough to define sole trader).

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  • Step-by-step worked solution
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