An instruction to a bank to make regular payment to a third party on behalf of a customer is
(a) List four career opportunities available to a student of commerce.
(b) State two functions of an entrepreneur.
(c) Explain the following activities giving two examples of each:
i. extractive industry
ii. construction industry;
iii. manufacturing industry;
iv. tertiary industry.
The staff of Kander Manufacturing Company Limited formed a cooperative society to enable them to have access to funds.
(a) Name the type of cooperative society they formed.
(b) State four features of the cooperative society.
(c) State three advantages and two disadvantages of the cooperative society
(a) State five reasons that would make a bank dishonor a customer's cheque.
(b) State five reasons countries introduce restrictions in foreign trade.
(a) State three benefits of a commodity exchange.
(b) Explain two methods of trading in a commodity exchange.
(c) State four requirements for trading in a commodity exchange