Tag: SS1 3rd Term Commerce

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

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

CONTENTS                 1.            Parties to a cheque                 2.            Advantages of payment by cheque                 3.            Types of cheques                 […]

CONTENTS                 1.            Definition and features of commercial banks                 2.            Functions of Commercial banks                 3.            Types of bank […]

CONTENTS:                 1.            Definition of trade by barter.                 2.            Problems of trade by barter.                 3.            Characteristics/Qualities of Money. […]

PARTNERSHIP A partnership is defined as the relationship that exists between two or more (but more than twenty) persons carrying […]

FORMS OF BUSINESS UNITS Business units can be divided into two broad classes namely, the private sector or private enterprise […]