SS3 Commerce Exam Questions Topics
1st term
Meaning of and need for commerce protection Consumer right and consumption.Instrument/agencies for consumer protection Essential business documentsEssential business documents (2)Trade terms and abbreviationsMeans of payments.Terms of trade/ sales through bank.Standing order and bank draftMeans of payment through post officeMeaning, reasons, advantages and disadvantages of commercializationMeaning, reasons, advantages and disadvantages of privatization Meaning, reasons, advantages and disadvantages of deregulation.Meaning, reasons, advantages and disadvantages of nationalization Capital marketsThe historical development; 1946 (development loan stock first issue) 1960; Lagos stock exchange act- 1962, capital issue committee, 1979- capital issue commissionThe 1979 securities and exchange commission decree no. 71. 1985; second tier securities market (SSM) 1999 investment and securities act.Stock exchangeSecurities; meaning, types, shares, stocks, bonds, gilt-edged and debentures.Capital market; method of raising fund, offer for sale, offer/subscription, right issue, private placement.Speculation; meaning, speculators, bull, bear and stage.Bodies that can access the capital market, public companies, government.Second tier security market, meaning, advantages to companies, advantages to the investing public.Second tier security market; operating regulation, primary and secondary market, first tier and second tier
2nd term
ECOWAS, meaning, history, and member countries.Objectives, Organs, Achievements, problems of ECOWASThe history, Member countries, Objectives, and achievements, Problems of the Niger basin commission Lake Chad Basin Commission (LCBC): History, Member countries, ObjectivesMano river basin commission: History, Member countries, Objectives.Achievements and problems of the Mano River Basin Commission (MRBC)