Commerce Past Questions and Answers

(a) What is hire purchase?
(b) Give two advantages and two disadvantages each of hire purchase to
(i) the buyer
(ii) the seller.

(a) Explain four functions of the stock exchange.
(b) Explain four ways by which the Central Bank regulates the activities of commercial banks.

(a) State five factors that can affect the rate of turnover of a company.
(b) What is working capital?
(c) Explain four importance of working capital.

A person who invented a new machine for making beverages may protect his exclusive right by

A person who invented a new machine for making beverages may protect his exclusive right by