Explain the following:

(a) Insurance underwriter

(b) Promoters

(c) Auctioneer

(d) Factor

(e) Broker.  
 

(a) Outline six functions of advertising

(b) Explain seven factors to be considered in choosing an advertising medium 

(a) State four differences between a loan and an overdraft

(b) Explain six factors to be considered by a bank manager before granting a loan.

(a) Give five reasons for the protection of consumers 

(b) state five measures taken to protect consumers.

(a) Define commerce.

(b) Explain six functions of commerce in an economy.