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3776

(a) What is consumerism?

(b) Give three reasons why consumers need protection.

(c) State any five measures taken by government or associations to protect consumers in Nigeria. 
 

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3777

(a) What is meant by the term insurable risk?

(b) Explain any four circumstances when an insured may not be indemnified. 
 

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3778

(a) List five types of business units in Nigeria.

(b) Give five main differences between a retail co-operative society and a public limited liability company. 
 

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3779

Describe any five advantages of the Stock Exchange Market. 
 

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3780

A partnership may be automatically dissolved due to the following factors except________

  • A. Court verdict
  • B. Joint decision
  • C. Admission of new partners
  • D. Bankruptcy of a partner
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