Answers

(a) State four differences between a loan and an overdraft (b) Explain six factors to be considered by…

(a) State four differences between a loan and an overdraft (b) Explain six factors to be considered by…

(a) Define commerce. (b) Explain six functions of commerce in an economy.   Explanation (a)Commerce is defined as…

(a) State two advantages of courier services. (b) List and explain six communication services rendered by the post…

 Explain the following: (a) Insurance underwriter (b) Promoters (c) Auctioneer (d) Factor (e) Broker.     Explanation (a)…

(a) Outline six functions of advertising (b) Explain seven factors to be considered in choosing an advertising medium …

 Explain the following: (a) Insurance underwriter (b) Promoters (c) Auctioneer (d) Factor (e) Broker.     Explanation (a)…

(a) State five features of a partnership business. (b) Explain five reasons why governments participate in business.  …

(a) State any four advantages of a public limited company. (b) Explain the following: (I) Ordinary shares (ii)…

(a) List four means of payment in business. (b) Explain the following: (i) Quotation  (ii) Hire purchase  (iii)…