CSEC Principles of Business · May/June 2012 · Paper 2 · Question 4(a)(i)
State THREE reasons for establishing a business.
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Practise this questionOther parts of this question
- 4(a)(ii)Identify THREE sources of capital used in financing a business.[3 marks]
- 4(b)(i)Define the term 'collateral' and give TWO examples of collateral that may be used in a business transaction.[4 marks]
- 4(b)(ii)Outline TWO reasons why collateral is important to a borrower.[4 marks]
- 4(c)(i)Executive summary[3 marks]
- 4(c)(ii)Financial projections[3 marks]
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