O-LevelCommerceBusiness enterpriseOct/Nov 2011Paper 1 Q361 Mark
Raj and Kenni are partners in a small business selling dental products. Which advantage will they benefit from if they change the partnership into a private limited company?
AThey will be able to keep their trading accounts and financial affairs confidential.
BThey will be able to raise capital by selling shares to members of the public.
CThey will not have to provide collateral security if they wish to take out a bank loan.
DThey will not have to sell their personal possessions if they cannot pay their creditors.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of business enterprise within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
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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