Commerce Past Questions and Answers

Write short notes on the following types of retail outlets:
(a) supermarket
(b) mobile shops
(c) department stores
(d) chain stores
(e) hawking.

Explain the following insurance terms:
(a) proximate cause
(b) contribution
(c) utmost good faith
(d) re-insurance
(e) contract of non-indemnity (compensation).

List and explain four documents involved in the formation of a public limited company.

(a) Explain the following:
(i) counter trade
(ii) entrepot trade
(iii) import trade
(iv) invisible trade
(b) State four barriers to international trade.

(a) What is transportation?
(b) Explain dead freight.
(c) List and explain five factors that will determine a seller's mode of transportation.