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1.5 Understanding external influences on business

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Question 8

Which is covered by the principles of consumer law?

[1]
A

The interest rate on a business loan

B

The location of a competitor

C

The legal ownership selected by the entrepreneur

D

The quality of products sold to customers

Markscheme

1.5 Understanding external influences on business Questions

  1. GCSE
  2. /Business
  3. /1.5 Understanding external influences on business

37 exam-style questions on Edexcel GCSE Business 1.5 Understanding external influences on business, covering 1.5.1a Business stakeholders and their objectives, 1.5.1b How stakeholders and businesses affect each other, 1.5.1c Conflicts between stakeholder groups, 1.5.2a Types of technology used by business, 1.5.2b How technology influences business activity, 1.5.3a Principles of consumer law, 1.5.3b Principles of employment law, 1.5.3c The cost impact of legislation, 1.5.3d Consequences of meeting legal obligations, 1.5.4 The economy and business, and 1.5.5 External influences. Each one has a worked solution and a mark scheme showing where the marks go.

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