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Business, 24.11.2020 16:20 Nyasiahenry
• Read the textbook excerpt and use the information to answer the
Question 1.2.2 Flowers by Cam
Cam Tran is a sole trader who operates a small florist shop in Forest Hill,
London (UK). Cam arranges and delivers flowers to local hospitals, hotels and
schools mainly in south-east London. From time to time, she also receives
large orders for weddings. She has three school-aged children.
(a) Define the term sole trader.
[2 marks]
aces
ations
(b) Examine the costs and benefits to Cam Tran in operating as a sole
trader.
[6 marks]
Source: photo courtesy of a
Drive
.
Important things to note:
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Answers: 2
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