Part 1[3]
Briefly explain the meaning of the term ‘sole trader’ (line 1).
Business 9609 · AS & A Level · Business structure
Briefly explain the meaning of the term ‘sole trader’ (line 1).
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).” …