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CAPE Entrepreneurship Unit 2 · 2017 · Paper 2 · Question 1(a)

Case 1: Cross Roads. Andre, after returning from abroad where he learned a trade, wants to start an auto-mechanic venture called Sure Ride Services. He considers registration versus the informal sector, initially deciding on a sole trader structure before later converting into a partnership.

Explain the difference between a business and a company.

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Other parts of this question

  1. 1(b)Outline FOUR advantages of having the business registered as a sole trader.[8 marks]
  2. 1(c)Apart from sole trading, list FOUR types of ventures.[4 marks]

More practice: the rest of this paper · more Legal Forms of Business Ventures questions · all CAPE Entrepreneurship Unit 2 past papers