(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. 
 

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) Describe the functions of the Stock Exchange.

(b) State the types of securities traded in the Stock Exchange. 
 

(a) What are Thrift Societies?

(b) Describe five services rendered by Thrift Societies to their members. 
 

(a) Explain five problems of using rail transport in Nigeria.

(b) Write short notes on;
(i) Tramp liners
(ii) Ocean liners.