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6 marksForms of Business Organisations

CSEC Principles of Business · May/June 2013 · Paper 2 · Question 4(c)

Discuss TWO factors which Janice must consider when deciding whether she should set up a sole proprietorship or a partnership business.

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Other parts of this question

  1. 4(a)(i)Identify THREE sources of capital for Janice to start her business.[3 marks]
  2. 4(a)(ii)Define the term 'collateral'.[2 marks]
  3. 4(a)(iii)List TWO examples of collateral.[2 marks]
  4. 4(b)(i)Identify THREE personal traits which Janice should possess in order to be successful in business.[3 marks]
  5. 4(b)(ii)Describe TWO roles of an entrepreneur.[4 marks]

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