(a) Describe the functions of the Stock Exchange.
(b) State the types of securities traded in the Stock Exchange.
Write short notes on the following, showing their main uses in foreign trade:
(a) Shipping notes
(b) Ship’s manifest
(c) Bill of sight
(d) Dock warrant
(d) Bill of entry.
(a) State any four sources of capital for a public limited company.
(b) Explain any four advantages and disadvantages respectively of converting a business into a public limited company.
(a) Describe any four features of a multiple shop.
(b) Give any four reasons why small scale retailing is common in Nigeria.
(a) What is planning?
(b) Explain five advantages of delegation of authority.
(a) Describe four obligations of the employer to the employee.
(b) State four duties of the employee to the employer.
(a) What is personal selling?
(b) Explain four reasons why firms engage in personal selling.
Explain five ways by which NITEL has contributed to the success of business in Nigeria.
(a) Distinguish between commercial banks and merchant banks.
(b) Explain each of the following:
(i) Order cheque
(ii) Bearer cheque
(iii) Certified cheque
(iv) Non-Negotiable cheque.
(a) What is transportation by pipeline?
(b) Explain any four advantages and four disadvantages of transportation by pipeline.
(a) What is production?
(b) Explain the different activities involved in industrial, commercial and service occupations.
(a) Who is an agent?
(b) Give six duties of an agent.
(c) State three rights of an agent.
Explain any five ways in which nationalised industries differ from public limited companies.
(a) What is Credit?
(b) Explain three ways by which banks grant credit to customers.
(c) Give two advantages and three disadvantages of credit sales.
(a) What is a public limited liability company
(b) state and explain any five features distinguishing a public limited company from a partnership
(a) Differentiate between Indigenisation and Nationalisation.
(b) Give five advantages and three disadvantages of Indigenisation.
(a) Describe five reasons why a manufacturer may brand his products.
(b) Outline five services rendered by the wholesaler to the manufacturer.
(a) Explain five services which NIPOST renders to the public.
(b) Give five advantages of courier services.
(a) Explain five roles of advertising.
(b) Give three advantages and two disadvantages of television as a medium of advertising.
(a) List five documents used in foreign trade.
(b) Explain five conditions under which an agency may be terminated.
(a) Describe five factors that determine the choice of means of transportation for goods
(b) Explain five factors that have contributed to the growth of Commerce.