NABTEB

Explain FIVE distinguishing features between tramps and liners. – NABTEB QUESTION

The distinguishing features between tramps and liners TRAMPS LINERS They have no fixed routes They have fixed routes They have…

5 years ago

Explain the necessary factors considered in choosing a means of transport for a given commodity. – NABTEB QUESTION

The necessary features to be considered in choosing means of transport for a given commodity are:- i. Distance/location- the location…

5 years ago

Write short notes on the following: (i) Central bank (ii) Mortgage bank (iii) Commercial bank (iv) Current account (v) Savings account – NABTEB QUESTION

ANSWERS: I. CENTRAL BANK - It is a bank that coordinates and controls the operations of the financial system of…

5 years ago

Enumerate the importance of advertising. – NABTEB QUESTION

The importance of advertising is:- i. Advertising makes the goods and services known to the public. ii. It creates demand…

5 years ago

Explain FIVE media of advertising. – NABTEB QUESTION

The media of advertising are:- I. RADIO - It is a method of verbal advertising - It is carried in…

5 years ago

List and explain the basic principles of insurance. – NABTEB QUESTION

THE BASIC INSURANCE PRINCIPLES ARE: 1. INSURABLE INTEREST. - A person can insure any property in which he will suffer…

5 years ago

What is insurance? – NABTEB QUESTION

Insurance is a contract which one party undertakes to indemnify another against loss, damage or liability arising from an unknown…

5 years ago

Explain FIVE functions of a retailer to the consumer. – NABTEB QUESTION

FUNCTIONS OF A RETAILER TO THE CONSUMER ARE: i. He stocks variety of goods ii. He sells in units iii.…

5 years ago

Explain FIVE factors to be considered in setting up a retail trade. – NABTEB QUESTION

The factors to be considered in setting up a retail trade are: i. Capital: - Money is very important for…

5 years ago

Why is the ion Na+ form in normal chemical reactions rather than the ion Na²+? – NABTEB QUESTION

The electronic configuration of sodium is 1S² 2S² 2p6 3s¹ - to form Na+, the one electron in the 3rd…

5 years ago