Answers

Distinguish between the following pairs of terms used in insurance: (a) Third party and comprehensive policy (b) Whole…

 Write short notes on each of the following: (i) Small stores (ii) Mobile shops (iii) Tied shops (iv)…

(a) Explain five roles of transport to businessmen. (b) State three characteristics of tramp vessels and two characteristics…

(a) Give four arguments for and three arguments against advertising. (b) List six advertising media used by business…

(a) State the difference between an ordinary invoice and a proforma invoice. (b) Explain the following terms used…

(a) Assume that you are a retail trader and want to open a current account with a branch…

(a) Give four arguments for and three arguments against advertising. (b) List six advertising media used by business…

(a) Assume that you are a retail trader and want to open a current account with a branch…

(a) Give five reasons why consumers need protection. (b) Explain five means by which consumers can be protected…

List and describe five ways by which the post office aids business.   Explanation (a)The Post Office aids…