a) Indicate two differences between Articles of Association and Memorandum of Association.
b) State four advantages and four disadvantages of a public limited company.
a) List four elements that make up the external environment of business
b) State two responsibilities each that a business owes the following:
a) Explain four ways a contract can be terminated.
b) State six duties of an agent to his principal.
a) Mention Five benefits enjoyed by counties engaging in foreign trade.
b) Explain five measures taken by countries to correct an unfavourable balance of payment
a) State five services a commercial bank renders to customers.
b) List five duties of a customs authority.
