Answers

(a) Explain uninsurable risks and list two types of such risks (b) Write short notes on the following:…

(a) State four factors that would determine the choice of transport by a businessman. (b) State four advantages…

(a) What is a bill of lading? (b) State six contents of a bill of lading. (c) Distinguish…

(a) State any four rights of an unpaid seller of goods (b) Give six duties of an agent…

(a) Explain six reasons for government participation in business enterprises (b) State four demerits of governme-participation in business…

Write short notes on the following : (a) Persuasive advertising (b) Informative advertising (c) Competitive advertising (d) Mass…

(a) State six distinguishing features of a mail order business (b) Give four disadvantages of a mail order…

(a) With the aid of a diagram, illustrate the scope of commerce. (b) Explain four commercial activities that…

(a) Differentiate between Hire Purchase and Credit Sale  (b) Give four advantages of hire purchase to each of…

 Give two uses of each of the following documents: (a) price list (b) delivery note (c) consignment note…