Quiz: Business Ownership - Sole Trader
AQA A-Level Business (7132)
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Welcome to this quiz on sole traders! Test your knowledge with 10 questions and learn more about this type of business ownership.
What is a sole trader?
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Which of the following are advantages of being a sole trader? (Select all that apply)
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Sole traders have {{blank0}} liability, meaning they are personally responsible for business debts.
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Match the items on the left with their correct pairs on the right
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A sole trader earns £50,000 in revenue and has £20,000 in costs. What is their profit?
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Which of the following is a disadvantage of being a sole trader?
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Which of the following businesses could operate as sole traders? (Select all that apply)
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A sole trader keeps all the {{blank0}} but also bears all the {{blank1}}.
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Match the items on the left with their correct pairs on the right
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