Commerce Past Questions and Answers

(a) Who is an agent?<br/>(b) Give six duties of an agent.<br/>(c) State three rights of an agent. <br/>

(a) What is production?<br/>(b) Explain the different activities involved in industrial, commercial and service occupations.<br/>

(a) What is transportation by pipeline?<br/>(b) Explain any four advantages and four disadvantages of transportation by pipeline. <br/>

(a) Distinguish between commercial banks and merchant banks.<br/><i>(b) Explain each of the following: </i><br/>(i) Order cheque<br/> (ii) Bearer cheque<br/> (iii) Certified cheque<br/> (iv) Non-Negotiable cheque.<br/>

Explain five ways by which NITEL has contributed to the success of business in Nigeria. <br/>