Commerce Past Questions and Answers

Write short notes on the following, showing their main uses in foreign trade:

(a) Shipping notes
(b) Ship's manifest
(c) Bill of sight
(d) Dock warrant
(d) Bill of entry.

(a) Describe the functions of the Stock Exchange.
(b) State the types of securities traded in the Stock Exchange.

(a) What are Thrift Societies?
(b) Describe five services rendered by Thrift Societies to their members.

(a) Explain five problems of using rail transport in Nigeria.
(b) Write short notes on;
(i) Tramp liners
(ii) Ocean liners.

(a) What is a contract of sale of goods?
(b) State any three of its provisions.
(c) Explain two conditions that constitute acceptance in the contract of sale of goods.