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Northern IrelandBusiness & Communication SystemsQuick questions
Unit 2 The Business Environment
Quick questions on Types of business ownership - CCEA GCSE Business and Communication Systems (Unit 2)
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
State two advantages of being a sole trader. [2 marks]
What is q2?Show answer
What is meant by limited liability? [2 marks]
What is q3?Show answer
Give one disadvantage of forming a private limited company. [1 mark]
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