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Commerce 2001 WAEC Past Questions

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51

(a) Differentiate between Hire Purchase and Credit Sale

 (b) Give four advantages of hire purchase to each of following:
(i) a seller
(ii) a buyer 
 

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52

Write short notes on the following :

(a) Persuasive advertising

(b) Informative advertising

(c) Competitive advertising

(d) Mass advertising

(e) Direct advertising
 

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53

(a) State six distinguishing features of a mail order business

(b) Give four disadvantages of a mail order business 
 

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54

(a) Explain six reasons for government participation in business enterprises

(b) State four demerits of governme-participation in business enterprises 
 

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55

(a) What is a bill of lading?

(b) State six contents of a bill of lading.

(c) Distinguish between a clean bill of lading a-a foul bill of lading 
 

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