Business 9609 · AS & A Level · Sources of finance

Sources of finance — practice question

(a)[2]

Define what the term liquidation means.

(b)[3]

Explain one external source of finance that a business can use.

Worked solution & mark scheme

This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: The process of disposing of assets to repay debts/creditors

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