O level north west regional mock gce 2022 commerce 2

O level north west regional mock gce 2022 commerce 2

O level north west regional mock gce 2022 commerce 2

ITVE 0520 COMMERCE REGIONAL MOCK PAPER 0? 2022
Answer 4 questions ^
a) State two characteristics each of the resourcesof an Enterprise.
b) i) Name any FOUR ancillaries to trade,
ii) List any FOUR, basic rights of the consumer
1. (lOmks)

a) Briefly explain FOUR functions of a retailer.
b) Stale and explain FOUR advantages of a private limited company.
c) Give any FOUR types of sales promotional mix

a) Give any FIVE advantages of each the following:
i) Containership, and;
ii) Pipeline transport
’o) Outline FOUR facilities of a modem sea por t
c) State any FOUR documents used in buying and selling.

a) Distinguish between a central bank and a commercial bank.
b) Explain the following:
i) Jettison
ii) General average loss
iii) Constructive loss
c) Advance FOUR reasons why it is important to take life insurance policy (4mks)
4. ( lOmks)
(6mks)
5. a) Briefly explain the FOUR reasons for trade restrictions
b) Explain FOUR barriers used by Cameroon to limit imports
c) Give FOUR INCOTERMS used in export trade in Cameroon6. a) Explain FOUR problems faced in operating a warehouse.
b) Explain FOUR importance of an efficient communication system in Cameroon

c) List FOUR advantages of credit sales

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