COMMMERCE (LEVEL 1)
1. Explain six demerits of hire purchase transaction to the customers.
2. Highlighter 4 differences between Home trade and Foreign trade.
3. Explain three reasons why sales promotion by use of samples is preferred by traders.
4. Explain 3 types of advertisement.
5. Explain the basic principles of Insurance.
6. Explain 4 basic characteristic of money.
7. State 4 difference between Bank Loan and Over Draft.
8. Explain 4 Government initiated methods for consumer protection.
9. Explain benefits of a bonded warehouse to the importers.
10. Highlight 4 circumstances under which a partnership dissolved.
11. Explain the following types of police
(a) Comprehensive policy
(b) Third party Policy
(c) Fire Insurance
(d) Bad Debt Insurance
(e) Liability Policy
1. Explain six demerits of hire purchase transaction to the customers.
2. Highlighter 4 differences between Home trade and Foreign trade.
3. Explain three reasons why sales promotion by use of samples is preferred by traders.
4. Explain 3 types of advertisement.
5. Explain the basic principles of Insurance.
6. Explain 4 basic characteristic of money.
7. State 4 difference between Bank Loan and Over Draft.
8. Explain 4 Government initiated methods for consumer protection.
9. Explain benefits of a bonded warehouse to the importers.
10. Highlight 4 circumstances under which a partnership dissolved.
11. Explain the following types of police
(a) Comprehensive policy
(b) Third party Policy
(c) Fire Insurance
(d) Bad Debt Insurance
(e) Liability Policy
