Exam Questions First Term SS 1 Commerce

COMMERCE

S S ONE

SECTION B [ ANSWER FIVE QUESTIONS ONLY,NUMBER 3 IS COMPULSORY]

[1] Define cooperative society

[b]. State four characteristics of cooperative society

[c]. Explain three as given in [b] above.

[2]. Explain shares and shares certificate

[b] Mention and explain 3 classes of shares

[3] State the steps for the formation of limited liability company

a

[4]. What is international trade

[b]. Differentiate between balance of payment and balance of trade

[5] List and explain five factors that determine choice of transportation

[b] Mention and explain the forms of transportation

[c] Differentiate between tramp line and ocean line, at least five.

[6] Give 5 importance of transportation

[b] Give and explain five traditional media

[c]List four forms of communication

[7]. Draw the diagram for the scope of commerce

[b]Define 5 of the aid to trade

[8] Define advertisement

[b]Mention and explain three forms of advertising

[c] What is window display advertising

[9] What is money