The advantages derivable from the study of Economics include the following: (i) The study of Economics enables individuals to understand…
Renowned authorities such as Adam Smith, J.S Mill, Alfred Marshall among others had defined Economics in different ways. The most…
(i) Legal environment: The business has to operate bearing in mind that the legal provisions such as decrees, rules and…
The ways through which commercial banks can assist businesses in Nigeria. (i) Commercial banks accept cash and other valuables for…
Types of cheques are: (i) Open cheque (ii) Crossed cheques (iii) Certified cheque (iv) Traveler’s cheque (v) Cashier’s cheque
Reasons why a wholesaler can be eliminated from the chain of distribution: (i) Where perishable goods are involved (ii) Where…
Wholesaler is the middleman or medium through which the producers’ products get to the consumer through retailers. He thus relieves…
(i) Sales of goods act: This law states the right and duties of both buyer and sellers. (ii) Usury laws:…
Laws that protect the consumers: (i) Sale of good act (ii) Usury laws (iii) Hire purchase act (iv) The price…
Principles of insurance: (i) Utmost good faith: This term means that all relevant information that may affect the contract…