Cameroon GCE ordinary level June 2025 commerce 2
Cameroon GCE ordinary level June 2025 commerce 2
(a) Using examples, distinguish between visible imports and invisible imports. (6 marks)
(b) State and explain any FOUR reasons why countries impose barriers to international trade. (8 marks)
(c) Explain THREE functions of commerce to the economy of Cameroon. (6 marks)
(a) Outline FOUR factors that determine the choice of a good means of transport.
(b) i) Distinguish between an open cheque and a crossed cheque,
ii) State any FOUR reasons why a cheque may be dishonoured.
2. (4 marks)
(6 marks)
(6 marks)
(c) Enumerate any FOUR uses of a mobile phone to businessmen. (4 marks)
3. (a) State and explain THREE ways by which an enterprise can be classified based on ownership. (6 marks)
(b) Briefly describe FOUR factors that account for the rapid growth of small retail shops in Cameroon.
(8 marks)
(c) Outline FOUR advantages of credit sales to a buyer. (6 marks)
4. Study the table below and answer the questions that follow:
Security Dividends/ Interest
rates
Number of
securities
Face value of
securities(CFAF)
Ordinary shares 3000 10,000
Preference shares 5% 4,000 1,000
Debentures 10% 2,000 10,000
(a) Calculate;
i) Capital contributed by ordinary shareholders.
Total capital of the firm.
Dividends to preference shares.
Interest on debentures.
ii)
iii)
iv) (8 marks)
(b) State and explain any FOUR external sources of finance to a joint stock company.
(c) Outline any FOUR media means used by MTN Cameroon to advertise its shares.
(6 marks)
(6 marks)
5. (a) Distinguish between insurance and assurance. (4 marks)
(b) Explain FIVE reasons why an insurance company may refuse to pay claims when an insured event
occurs.
(c) Briefly explain THREE advantages of taking a life insurance policy.
(10 marks)
(6 marks)
6. (a) Briefly explain FOUR factors that determine the location of a warehouse. (8 marks)
(b) State FOUR importance of a bonded warehouse.
(c) Describe FOUR ways through which consumers may be exploited.
(4 marks)
(8 marks)