Skip to content

Course home

Sign up

1.4 Making the business effective

EasyMediumHard
1234567891011
Question 2
86%

What is meant by limited liability?

[1]
A

Owners can lose only the amount they invested in the business

B

Owners must repay every business debt from personal assets if necessary

C

The business is prevented from borrowing money

D

The business can trade for only a limited period

Markscheme

1.4 Making the business effective Questions

  1. GCSE
  2. /Business
  3. /1.4 Making the business effective

37 exam-style questions on Edexcel GCSE Business 1.4 Making the business effective, covering 1.4.1a Limited liability, 1.4.1b Types of business ownership for start-ups, 1.4.1c Franchising, 1.4.2a Factors influencing business location, 1.4.2b Impact of the internet on location, 1.4.3a What the marketing mix is, 1.4.3b Balancing the marketing mix, 1.4.3c Impact of technology on the marketing mix, 1.4.4a The role and importance of a business plan, and 1.4.4b The purpose of planning business activity. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank