Commerce Past Questions and Answers

List and explain five problems associated with international trade.

Explain the following
(a) Prospectus
(b) Share certificate
(c) Underwriting of shares
(d) Ordinary shares
(e)Dividend warrants.

State five effects of hire purchase on each of the following
(a) buyer; (b) seller

(a) What is the difference between Privatization and Nationalization?
(b) Explain four reasons why a country may choose to privatize state-owned enterprises.

(a) Adama and Awa have teamed up to form a partnership business. Explain five benefits they are likely to derive
(b) State five provisions in the Partnership Deed.