(a) What is second-tier security market?

(b) Discuss four advantages of the second-tier security market.

(c) State five requirements for trading in a second-tier security market.

(a) Define a contract.

(b) State and explain four reasons for consumer protection.
 

Calculate

(a) The liquid capital for the business

(b) The fixed assets

(c) Teesan Enterprise's capital or statement of affairs as at 31/10/2010.

(d) The working capital for Teesan Enterprises Ltd. 

a) Outline five problems of barter trade.

b) Explain to Domingo five benefits of using computers in the conduct of his business.

a) List five types of cooperative societies.

b) Explain the following business objectives:

• survival;
• profit maximization;
• growth;
• innovation;
• social responsibility.