Categories
Commerce Notes

Limited Liability Companies: Features, Types, Formation, Advantages and Disadvantages, sources of Finance

CONTENT• Definition, Meaning, Types etc.• Features of Limited Liability Companies• Types of Limited Liability Companies• Formation Formalities, Documentation and Definition […]

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Commerce Notes

Consumer Protection

CONTENT 1.         Consumerism/ consumer protection 2.         Reason for consumer protection 3.         Methods of consumer protection 4.         Consumer protection by legislation […]

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Commerce Notes

Means Of Payment, Factors determining the method of payment

CONTENT• Factors determining the method of payment• Classifications of means of payment.Means of payment refer to the various instruments and […]

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Commerce Notes

Purchase And Sale Of Goods – Main Documents Used

CONTENT• Documents exchanged between buyers and sellers – their features and uses• Common trade terms• Terms of payment• Common abbreviations […]

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Commerce Notes

Purchase And Sale Of Goods – Main Document Used

CONTENT Steps involved in purchase and sale of goods under home trade Documents exchanged between buyers and sellers – their […]

Categories
Commerce Notes

Credit: Hire Purchase, Mortgages, Leases and rentals, Loans and Overdrafts, Credit Instruments

CONTENT Hire Purchase Mortgages Leases/rentals Loans and overdrafts Credit Instruments Hire Purchase This is a credit arrangement whereby the seller […]

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Commerce Notes

Credit: Basis of Credit, Credit sales and Deferred Payment

CONTENT Definition of Credit Basis for Credit Credit Sales Deferred Payment CREDIT Credit is any arrangement made with a shop, […]

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Commerce Notes

SS2 1st Term Commerce scheme of work

                                     FIRST TERM E-LEARNING NOTE SUBJECT: COMMERCE                                                                                             CLASS: SS 2 SCHEME OF WORK                           WEEK  TOPIC 1                      Credit – Credit Sales […]

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Commerce Notes

Other Financial Institutions

MERCHANT BANKS (INVESTMENT BANKS) This may be defined as financial institutions that provide medium and long loans, accept large deposits […]

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Commerce Notes

Negotiable Instruments: Bill of Exchange, Dishonoured Bills, Promissory Notes

NEGOTIABLE INSTRUMENTS A negotiable instruments is an instrument whose title (or ownership) on it could be transferred by delivering it […]