Commerce Past Questions and Answers

(a) State five features common to both public and private limited companies.<br/>(b) State five provisions of a memorandum of association.<br/>

(a) Explain five measures a country could take to solve its balance of payment problems.<br/>(b) State five disadvantages of international trade.<br/>

(a) What is a contract?<br/>(b) List five elements of a contract<br/>(c) Explain six conditions that could lead to the termination of a contract.

(a) Define communication. <br/>(b) List and explain six functions of the post office.<br/>

(a) What is marketing?<br/>(b) Explain five importance of marketing in an economy. <br/>