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O-LevelCommerceBusiness enterpriseMay/June 2010Paper 1 Q361 Mark

How are the profits and losses in a partnership shared when there is no partnership deed?

Aaccording to the purchases made by each partner
Bequally amongst all the partners
Cin proportion to the capital invested
Din relation to the hours worked by each partner

✓ Correct Answer

The correct answer is B. This question tests the candidate's understanding of business enterprise within the Commercesyllabus. The examiner's mark scheme requires...

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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) May/June 2010 examination, Paper 1 Variant 1. It tests the topic of Business enterprise and is worth 1 mark.

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