Commerce Past Questions and Answers

(a)State four functions of wholesaler to a retailer.<br/>(b) Explain five advantages of small scale retail business over a large scale business. <br/>

<b><i> Explain each of the following classes of insurance:</i></b><br/>(a) Marine insurance<br/>(b)Accident insurance<br/>(c)Group insurance<br/>(d) Fidelity Guarantee insurance<br/>(e) Consequential Loss Insurance.<br/>

(a)Explain four functions rendered by a courier firm.<br/>(b) Explain six functions rendered by a Telecommunication firm<br/>

(a)List five media of public relations.<br/>(b) Enumerate five types of after sales services.<br/>(c)State five benefits of after benefits of after sales services

(a) Distinguish between a broker and a factor.<br/>(b) State three duties of an employer to an employee.<br/>(c)State four duties of an employee to an employer