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2006 WAEC Commerce Theory (a) Who is a common carrier? (b) State three functions of each of the following...

Commerce
WAEC 2006

(a) Who is a common carrier?

(b) State three functions of each of the following communication agents:
(i) Post Office.
(ii) Telecommunication.
(iii) Courier companies. 
 

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Explanation

(a) A common carrier is a person or firm who moves people or goods for a fee without discrimination.

(b)(i) Functions of a Post Office:

(i) If helps to carry and deliver letters domestically or internationally.

(ii) It offers post office boxes / PMB at rental charges.

(iii) It sends important documents for people as recorded delivery.

(iv) It offers post respante services for travelers without fixed addresses.

(v) It renders business reply services

(vi) It sells stamps for postage.

(vii) It offers express delivery services.

(viii) It offers postal orders/money orders.

(ix) It offers franking machine facilities.

(x) It provides cash on delivery services to Mail order business.

(xi) It delivers registered letters.

(xii) It sells forms for examining bodies/recharge cards.

(ii) Functions of Telecommunication are:

(i) It offers telephone services.

(ii) It renders telex services.

(iii) It provides satellite for transmission.

(iv) It renders data 
 


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