Business Studies Multiple Choice Question – 28 December 2019

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following might a sole trader pay on their profits?

 

Select ONE answer:

  1. Corporation tax
  2. National Insurance
  3. Income tax
  4. Import duty

 

Show the workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 3

 

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