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Examen
Business OCR Level 3 Unit 1 [Graded A+]
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---6octubre 20232023/2024A+
- 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 
 
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peninawanjirun
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Examen
Business OCR Level 3 Unit 1
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---5septiembre 20232023/2024A+
- 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...
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$15.99 Más información
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