(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) What is E-Commerce

(b) State four advantages and four disadvantages of privatization 
 

(a) Define communication

(b) List six means of communication in business

(c) In what four ways is communication important to business?