Commerce Past Questions and Answers

Which of the following is a means of payment to persons abroad through the post office?

(a) With the aid of a diagram, illustrate the scope of commerce.
(b) Explain four commercial activities that facilitate buying and selling.

(a) Differentiate between Hire Purchase and Credit Sale
(b) Give four advantages of hire purchase to each of following:
(i) a seller
(ii) a buyer

Write short notes on the following :
(a) Persuasive advertising
(b) Informative advertising
(c) Competitive advertising
(d) Mass advertising
(e) Direct advertising

(a) State six distinguishing features of a mail order business
(b) Give four disadvantages of a mail order business