Business 9609 · AS & A Level · Business structure

Business structure — practice question

(a)[2]

Define what is meant by the term ‘partnership’.

(b)[3]

Explain two limitations that a partnership has as a business structure.

Worked solution & mark scheme

This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “a business set up by two or more people” …

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