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Exam (elaborations)

Business OCR Level 3 Unit 1 [Graded A+]
Available in bundle

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6

October 2023

2023/2024

A+
Available in bundle
Unlimited liability - Answers]when the owners of a business are personally liable for all debts incurred by the business, if the business itself does not have the funds to repay them Limited Liability - Answers]when the owners of a business are liable for the debts incurred by the business only to the value of their investment in the business diseconomies of scale - Answers]when a business becomes too large the cost per unit may increase and the business may become more inefficient Busi...
peninawanjirun
$10.49 More Info

Exam (elaborations)

Business OCR Level 3 Unit 1
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-

-

5

September 2023

2023/2024

A+
Retail customers - correct answer customers who buy finished products, e.g. frozen peas from a supermarket Business customers - correct answer businesses that purchase products or services from another business Unlimited liability - correct answer when the owners of a business are personally liable for all debts incurred by the business, if the business itself does not have the funds to repay them Limited Liability - correct answer when the owners of a business are liable for the de...
STARLETSCORE
$15.99 More Info