Reasons, why commerce is important in the life of a nation, are: (i) Commerce facilitates the exchange of goods and…
ARTICLES OF ASSOCIATION i. The method of issue, transfer and forfeiture of the company’s shares. ii. The right and responsibilities…
The Documents that are Associated with Limited Liability Companies are: i. The memorandum of association ii. The articles of association…
The various chains of distribution that are available to manufacturers are: i. Manufacturer → Agent → Wholesaler → Retailer →…
Chain of distribution can be defined as the stages which goods or products pass through from the point of production…
The procedures involved in dissolving a partnership: 1. Dissolution provided by partnership Act Section 32 of the partnership Act provides…
The disadvantages of a partnership are:- i. Disagreements on some issues can affect the smooth running of the business. ii.…
The importance of communication to a businessman are: i. Communication enables orders, messages and information to be passed quickly and…
Communication is the transfer of information whether written or oral between two parties. Communication is not complete until the receiver…
The importance of Commerce to the Nigeria Economy. (i) Commerce facilitates the exchange of goods and services through trading. (ii)…