Commerce Past Questions and Answers

(a) Give any five features which are common to both cooperative societies and private limited companies<br/>(b) Explain any five differences between cooperative societies and private limited companies. <br/>

State five aids to trade and explain how each facilitates trade.<br/>

<i>Explain the social responsibilities of a business to the following: </i><br/>(a) the community<br/>(b) the employee<br/>(c) the shareholders<br/>(d) the government<br/> (e) the consumers.<br/>

(a) Give three similarities and three differences between hire purchase and deferred payment.<br/>(b) Explain four reasons why a trader would prefer the use of cheque to cash for large payments.<br/>

(a) What is public relations?<br/>(b) State and explain five media of public relations. <br/>