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Commerce 2023 Past Questions

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1

a. Explain five factors that delayed the growth of commerce in West Africa

b[¡] Using appropriate headings, classify the following workers.
- oil driller

b[¡¡] Using appropriate headings, classify the following workers.
- potter

b[¡¡¡] Using appropriate headings, classify the following workers.
- policemen

b[¡v] Using appropriate headings, classify the following workers.
- brewer

b[v¡] Using appropriate headings, classify the following workers.
- mason

b[v¡¡] Using appropriate headings, classify the following workers.
- farmer

 

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2

a. Victor and Samba have been partners for two years. They have had disagreements throughout the period and Samba requested for a dissoultion of the partnership so that he could start a sole proprietorship.

State five problems Samba could face as a sole trader
 

b. Victor and Samba have been partners for two years. They have had disagreements throughout the period and Samba requested for a dissoultion of the partnership so that he could start a sole proprietorship.

 

State five benefits Samba could enjoy if he remained in the partnership

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3

a. State four functions of warehousing

 

b[¡] State two features of each of the following retail outlets:
chain stores
 

b[¡¡] State two features of each of the following retail outlets:
mobile shop


b[¡¡¡] State two features of each of the following retail outlets:
mail order business

 

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4

a. As an employee of the stock exchange market, explain to a group of investors five securities they could trade in.

 

b. State five duties of an agent to his principal.

 

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5

a. Differentiate between indent and quotation

 

b[¡] State four functions of each of the following organizations:

export promotion council

 

b[¡¡] State four functions of each of the following organizations:
customs and excise authority

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