Commerce Past Questions and Answers

A voluntary body formed by people in the same line of business is known as?

(a) State four characteristics of a co-operative society.
(b) Mention and explain three types of co-operative society

(a) State five functions performed by the wholesaler in the channel of distribution.
(b) Explain five factors that encourage the elimination of middlemen from the channel of distribution.

(a) Explain each of the following insurance terms:
(i) consequential loss
(ii) cover note
(b) State four advantages of re-Insurance to a businessman

(a) What is a Chamber of Commerce?
(b) State six functions of a Chamber of Commerce.
(c) State three functions -pc manufacturing association.