Explain five benefits that would be derived and five losses that would be suffered when a sole trader admits other partners. 
 

(a) What is personal selling?

(b) List and explain six media available to an advertiser of goods and services

Explain the following terms:

(a) fixed assets

(b) certificate of trading

(c) dividend

(d) authorized capital

(e) promoters
 

Describe each of the following documents and state one use of each:

(a) consular invoice

(b) bill of lading

(c) certificate of origin

(d) bill of sight 
 

(a) Explain five functions of the Customs Authority

(b) State five advantages of international trade