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2023 MAY-JUNE SERIES EDEXCEL GCSE BUSINESS MARK SCHEME PAPER 1B INVESTIGATING SMALL BUSINESS
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- 2023 MAY-JUNE SERIES EDEXCEL GCSE BUSINESS MARK SCHEME PAPER 1B INVESTIGATING SMALL BUSINESS 
Mark scheme 
Section A 
 
Question Number	Answer	Mark 
1 (a)	C	(1) AO1a 
 
Question Number	Answer	Mark 
1 (b)	B	(1) AO1a 
 
Question Number	Answer	Mark 
1 (c)	Award 1 mark for identification of an advantage, plus 2 further marks for explaining this advantage, up to a total of 3 marks. 
 
Limited liability means that the owners (shareholders) can only lose the money invested in the business if it fails (...
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