(a) With the aid of a diagram, illustrate the scope of commerce.

(b) Explain four commercial activities that facilitate buying and selling.
 

(a) Differentiate between Hire Purchase and Credit Sale

 (b) Give four advantages of hire purchase to each of following:
(i) a seller
(ii) a buyer 
 

Write short notes on the following :

(a) Persuasive advertising

(b) Informative advertising

(c) Competitive advertising

(d) Mass advertising

(e) Direct advertising
 

(a) State six distinguishing features of a mail order business

(b) Give four disadvantages of a mail order business 
 

(a) Explain six reasons for government participation in business enterprises

(b) State four demerits of governme-participation in business enterprises