A bill of exchange is an unconditional order from one party to the other to pay on demand or at a stated future date the sum on the bill. It must be signed by the drawer and be accepted by the drawee.
sharon kalunda answered the question on February 28, 2019 at 13:59
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What is meant by the following abbreviations as used in the study of commerce.
i) F. O. R
ii) O . M . O
iii) C. I . F
iv) C. W. O
(Solved)
What is meant by the following abbreviations as used in the study of commerce.
i) F. O. R
ii) O . M . O
iii) C. I . F
iv) C. W. O
Date posted:
February 28, 2019
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Answers (1)
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Outline any four features of multiple shops.
(Solved)
Outline any four features of multiple shops.
Date posted:
February 28, 2019
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Answers (1)
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Give any four benefits that a farmer would reap from being a member of a producer cooperative.
(Solved)
Give any four benefits that a farmer would reap from being a member of a producer cooperative.
Date posted:
February 28, 2019
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Answers (1)
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Mention four limitations of advertising as a means of sales promotion
(Solved)
Mention four limitations of advertising as a means of sales promotion
Date posted:
February 28, 2019
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Answers (1)
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Mention any four methods used for sending money through the post office.
(Solved)
Mention any four methods used for sending money through the post office.
Date posted:
February 28, 2019
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Answers (1)
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Name the factor of production that each of the following resources relate to. Resource Factor of productiona)Teacher b)Computer c)Water d)Sole proprietor e)Forest
(Solved)
Name the factor of production that each of the following resources relate to.
Resource----------Factor of production
a)Teacher
b)Computer
c)Water
d)Sole proprietor
e)Forest
Date posted:
February 28, 2019
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Answers (1)
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Distinguish the following terms:
a)Free goods and economic goods
b)Consumer goods and producer goods
c)Business wealth and personal wealth
(Solved)
Distinguish the following terms:
a)Free goods and economic goods
b)Consumer goods and producer goods
c)Business wealth and personal wealth
Date posted:
February 28, 2019
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Answers (1)
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Specialization is the separation of jobs, activities and processes so that every individual concentrates on what they can do best. Name and explain four major...
(Solved)
Specialization is the separation of jobs, activities and processes so that every individual concentrates on what they can do best. Name and explain four major such divisions.
Date posted:
February 28, 2019
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Answers (1)
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Discuss the factors that influence the choice of a filing system in an organization
(Solved)
Discuss the factors that influence the choice of a filing system in an organization
Date posted:
February 28, 2019
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Answers (1)
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Despite major development in the transport sector, many people are still using carts (both those driven by animals and those pushed by human beings).Discuss five...
(Solved)
Despite major development in the transport sector, many people are still using carts (both those driven by animals and those pushed by human beings). Discuss five reasons to show why this type of transport is still preferable to others.
Date posted:
February 28, 2019
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Answers (1)
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Discuss five differences between a bank statement and a bank pass book.
(Solved)
Discuss five differences between a bank statement and a bank pass book.
Date posted:
February 28, 2019
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Answers (1)
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Marketing boards are producer organizations set up to encourage and control the selling of agricultural products. Discuss five functions of these organizations. ...
(Solved)
Marketing boards are producer organizations set up to encourage and control the selling of agricultural products. Discuss five functions of these organizations.
Date posted:
February 28, 2019
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Answers (1)
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Name four file covers used in an office.
(Solved)
Name four file covers used in an office.
Date posted:
February 28, 2019
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Answers (1)
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International trade improves the economic welfare of a country. The recent opening of the East African co-operation seeks to diversify International trade. Highlight four factors...
(Solved)
International trade improves the economic welfare of a country. The recent opening of the East African
co-operation seeks to diversify International trade. Highlight four factors that may hinder this good intention.
Date posted:
February 28, 2019
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Answers (1)
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Mention four of the contents in articles of association.
(Solved)
Mention four of the contents in articles of association.
Date posted:
February 28, 2019
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Answers (1)
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Give four reasons why people prefer using a cheque to cash when effecting payment.
(Solved)
Give four reasons why people prefer using a cheque to cash when effecting payment.
Date posted:
February 28, 2019
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Answers (1)
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Mention four reasons to justify that the Central Bank is not a Commercial Bank.
(Solved)
Mention four reasons to justify that the Central Bank is not a Commercial Bank.
Date posted:
February 28, 2019
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Answers (1)
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Name four documents used in home trade.
(Solved)
Name four documents used in home trade.
Date posted:
February 28, 2019
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Answers (1)
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Give four reasons why an office may prefer storing information in Micro-films instead of files.
(Solved)
Give four reasons why an office may prefer storing information in Micro-films instead of files.
Date posted:
February 28, 2019
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Answers (1)
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As the transport manager of a busy company. Highlight four factors you would consider before choosing a mode of transport for your goods and services.
(Solved)
As the transport manager of a busy company. Highlight four factors you would consider before choosing a mode of transport for your goods and services.
Date posted:
February 28, 2019
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Answers (1)