CSEC Principles of Business · May/June 2016 · Paper 2 · Question 3(a)(ii)
Define 'collateral' and give ONE example.
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Practise this questionOther parts of this question
- 3(a)(i)Define 'capital' and give ONE example.[3 marks]
- 3(b)Outline THREE advantages of borrowing money from a credit union as opposed to a bank.[6 marks]
- 3(c)Identify TWO elements of a business plan.[2 marks]
- 3(d)(i)Explain ONE way in which a business plan is important to business owners.[3 marks]
- 3(d)(ii)Explain ONE way in which a business plan is important to potential investors.[3 marks]
More practice: the rest of this paper · more Location, Regulation and Financing of a Business questions · all CSEC Principles of Business past papers