a. Explain five factors that delayed the growth of commerce in West Africa

b[¡] Using appropriate headings, classify the following workers.
- oil driller

b[¡¡] Using appropriate headings, classify the following workers.
- potter

b[¡¡¡] Using appropriate headings, classify the following workers.
- policemen

b[¡v] Using appropriate headings, classify the following workers.
- brewer

b[v¡] Using appropriate headings, classify the following workers.
- mason

b[v¡¡] Using appropriate headings, classify the following workers.
- farmer

 

a. Victor and Samba have been partners for two years. They have had disagreements throughout the period and Samba requested for a dissoultion of the partnership so that he could start a sole proprietorship.

State five problems Samba could face as a sole trader
 

b. Victor and Samba have been partners for two years. They have had disagreements throughout the period and Samba requested for a dissoultion of the partnership so that he could start a sole proprietorship.

State five benefits Samba could enjoy if he remained in the partnership

a. State four functions of warehousing

b[¡] State two features of each of the following retail outlets:
chain stores
 

b[¡¡] State two features of each of the following retail outlets:
mobile shop

b[¡¡¡] State two features of each of the following retail outlets:
mail order business

 

a. As an employee of the stock exchange market, explain to a group of investors five securities they could trade in.

b. State five duties of an agent to his principal.

a. Differentiate between indent and quotation

b[¡] State four functions of each of the following organizations:

export promotion council

b[¡¡] State four functions of each of the following organizations:
customs and excise authority

a. What is tourism?

b[¡] State one negative effect of tourism on each of the following:

economy

b[¡¡] State one negative effect of tourism on each of the following:

b[¡¡¡] State one negative effect of tourism on each of the following:

environment

c[i] State two positive effects of tourism on each of the following:

economy

c[ii] State two positive effects of tourism on each of the following:
society

c[iii] State two positive effects of tourism on each of the following:
environment

a. State two differences between marketing and selling

b. List four main elements of marketing mix

c. Country Z has decided to leave the Economic Community of West African State (ECOWAS). As the adviser on the regional group, explain four benefits the country could derive from remaining in the group.

The following information in the image above was extracted from the books of Lompat Ventures as at December 31, 2022.

a[i] Calculate:

 Net profit

a[ii] Calculate:

Working capital

a[iii] Calculate:

Rate of stock turnover