(a) What is a contract? (b) List five elements of a valid contract. (c) Explain four ways by which a contract may be discharged.

Explain the following documents used in international trade: (a) Indent; (b) Bill of lading (c) Consular invoice (d) Certjficate of origin (e) Bill of exchange.

(a) Define the term market segmentation. (b) List six factors that influence market segmentation. (c) State five advantages of advertising.

(a) What is credit? (b) List and explain six principles of insurance.

(a) Differentiate between Nationalization and Indigenization. (b) State six reasons why a country would indigenize some industries.

(a) Explain the following: (i) limited liability (ii) separate legal entity (iii) ceritficate of incorporation (iv) participating preference shares (v) ordin...

(a) The chart above gives the main divisions of Commerce, complete the chart by filling in the blank spaces labeled (i) to (viii). (b) Explain the following,...

(a) What is channel of distribution? (b) With the aid of diagrams, show four examples of channel of distribution. (c) Explain five advantages of home trade o...

(a) Explain five factors affecting the choice of transport of frozen products. (b) State five disadvantages of air transport.