The following information is from the books of Auntie Justie, who sells books, for the year ended 31/12/15 Lesales220,000stock 1/1/0560,000purchases180,000stock 31/12/0570,000salaries and wages8,000Debtors16,000Transport…
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2009
(a) Distinguish between nationalization and indigenization(b) State five advantages of nationalization and three disadvantages of indigenization
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2009
(a) Explain the following terms:
(i) goodwill
(ii) patents
(iii) trade mark
(iv) copyright(b) State four factors that could lead to the dissolution of a limited liability company
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2009
Explain the following terms as used on the stock exchange market: (a) Backwardation
(b) Bear
(c) Jobber
(d) Jobber's turn
(e) Brokerage
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2009
(a) Explain five functions of the Customs Authority(b) State five advantages of international trade
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2009
Describe each of the following documents and state one use of each: (a) consular invoice(b) bill of lading(c) certificate of origin(d) bill of sight
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2009
Explain the following terms:(a) fixed assets(b) certificate of trading(c) dividend(d) authorized capital(e) promoters
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2009
(a) What is personal selling?(b) List and explain six media available to an advertiser of goods and services
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2009
Explain five benefits that would be derived and five losses that would be suffered when a sole trader admits other partners.
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2009
(a) Differentiate between industry and commerce.(b) List and explain four activities of those engaged in commercial occupations
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2009
When an order cheque is endorsed it becomes a
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2009
Which of the following is sent by a supplier who does not want to sell on credit?
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2009
Which of the following occupations come under the extractive industry? i. Cattle-rearing,lumbering,farming ii. Mining, quarrying, hunting iii.Ship building, road construction, iron bending iv. Singing, dancing, barbing
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2009
A person who invented a new machine for making beverages may protect his exclusive right by
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2009
A stale cheque is one on which the date for payment is
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2009
Which of the following is not a contract of indemnity
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2009
Life assurance premium is determined by the assured's
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2009
Retail outlets that have identical store design, layout and stock display are
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2009
Which of the following is a feature of sole proprietorship?
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2009
Which of the following would be used when goods are sent through independent carriers?