Akani and Sule are sole proprietors. Akani proposed that their businesses be merged to form a partnership.
(a) Explain to Sule how such a partnership would be to their mutual benefit
(b) State five reasons why Sule might be reluctant to accept the proposal.
(a) Explain the following terms: (i) bearer cheque (ii) open cheque (iii) order cheque (iv) crossed cheque.
(b) Explain any six factors which a bank manager would take into consideration in evaluating an application for a loan.
State the functions of: | (a) NIPOST (b) NITEL