Business 9609 · AS & A Level · Business structure

Business structure — practice question

Part 1[3]

Explain what is meant by the term ‘private limited company’ (line 1).

Worked solution & mark scheme

This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: Describes one feature of a company (for example, incorporated business, shares, limited liability, separate legal identity) — basic company characteristic.

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