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OBJ:
Type C
1-10 BECABBADAE
11-20 DEDBBEEBCA
21-30 DDACBBEEAA
31-40 ACACAEDEED
41-50 EBDADBEDBB
51-60 EDCDDBEDBD

ESSAY:
……………………………………..
1 i) prospectus: A prospectus is any
circular,note,newspaper advertisement
or other invitation offering to the public
for subscription or purchase of any
share or debentures of company.it is
usually published with application
form.share are allotted to those who
apply

ii). by offer for sale: the whole issue of
shares is allotted to an issuing house
(merchant bank,financial house) which
offer them to the public by means of
offer-for-sale

iii.) by a right-issue: a newly established
company may issue further capital by
offering the shares concerned to
existing members at favourable terms.

iv.) by placing: a method of issuing
securities through an intermediary such
as a firm of stock brokers.the
intermediary endeavours to place the
issue among institutional investors

v.) by introduction through the stock
exchange whereby new issue of shares
are made to the public by the company

===================

(3a)
(i)To ensure the most effective and
beneficial need of the waters and
resources of rivers Nigers.

(ii)To examine the plans of members
countries.

(iii)To collect, evaluate and disseminate
data on the basin

(iv)To recommend to the government of
members countries plans for the
judicious use of the Niger basin

(iv)To draw up general regulations in
relation to the act of Niamey.

(3b)
(i)It supplies sources of income for
farmers

(ii)It produces or manufactures goods
for human satisfaction

(iii)It completes the process of
production through branding, labeling
and packaging

(iv)It bears part of production and
distribution risks

(v)It has access to bulk and large
quantity of raw materials with gain of
average cost.

===================

(4a) Consumer protection can be
defined as an act of ensuring that
consumers derive maximum satisfaction
from the commodities they buy and to
reduce their exploitation by
manufacturers and middleman.

(4b)
(i)To ensure that consumers obtain
what they want

(ii)To protect them from consuming
harmful goods

(iii)To prevent arbitrary increasing prices

(iv)To check against misleading
advertisement and false claims

(v)To reduce the exploitation of the
consumers

(vi)To enable the customers enjoy what
they have paid for.

(vii)To maximize the satisfaction derived
from the goods and services demanded
for

(viii)To protect consumers from buying
defective goods and goods that do not
confirm with description and samples
advertised

==========================

(5a)
Discount can be defined as term of sale
where there is granting of allowances
by the seller to the buyer out of the total
selling price

(5b)
(i)TRADE DISCOUNT: This is a type of
discount that is allowed to encourage
bulk purchase.

(ii)CASH DISCOUNT: This discount is given
out to encourage prompt payment.

(iii)QUANTITY DISCOUNT: Is allowed to
encourage large quantity purchase in a
single delivery.

(iv)SEASONAL DISCOUNT: This is the
allowance granted in order to ensure
boost sales during certain period e.g.
festivals

(5c)
(i)To encourage more sales in order to
maximize profits

(ii)To create conveniency for buyers
during purchases

(iii)To mark a particular period of season

(iv)To encourage cash sales and
discourage credit sales

==========================

6 i) problem of distance: international
trade involves two or more countries
that are far from one another
2015-06-22 11:51 (edited 2015-06-24 23:19 by djtapstar ) · Reply · (0)

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