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• 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

.

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• Read the textbook excerpt and use the information to answer the Question 1.2.2 Flowers by Cam

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