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SS1: COMMERCE - 2ND TERM

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  1. Modern Trends in Retail Business | Week 1
    2 Topics
    |
    1 Quiz
  2. The Wholesaler | Week 2
    5 Topics
    |
    1 Quiz
  3. Warehouse | Week 3
    3 Topics
    |
    1 Quiz
  4. Foreign Trade (International) | Week 4
    6 Topics
    |
    2 Quizzes
  5. Tariffs & Reasons for The Imposition of Tariffs | Week 5
    5 Topics
    |
    1 Quiz
  6. Functions of Customs & Exercise | Week 6
    4 Topics
    |
    2 Quizzes
  7. Commodity Exchange | Week 7
    7 Topics
  8. Sole Proprietorship | Week 8
    2 Topics
    |
    1 Quiz
  9. Partnership | Week 9
    5 Topics
    |
    6 Quizzes
  10. Money | Week 10
    3 Topics
    |
    2 Quizzes



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S/NoStocksCommodities
1.Stocks are investment to a companyCommodities entail immediate Consumption of products for domestic and industrial purposes     
2.Stocks are financial instrument for Investment; it’s not tangible in nature.Commodities are tangible in nature and can be consumed
3.Stocks allow one take over ownership in a companyOwnership of commodities is passed between sellers and buyers.
4.Buying and selling of stocks involve the brokersTraders are involved in buying and selling of commodities
5.Stocks are traded in stock exchange marketCommodities are traded in the commodity exchange market
6.Stock came into existence through issuing processesCommodities often come into existence through the production process
7.The return on stocks is known as dividendThe return on tradable commodities is known as profit.

Evaluation Questions

1a: Define the term “Commodity exchange”

b. What are the benefits derivable from commodity exchange?

c. List at least three requirements for trading.

2a. Define tradable commodity

b. Mention three types of tradable commodities

3. Outline and explain six roles of commodity exchange in economic development.

4. Write short notes of the followings

a. Spot trading

b. Quality control

c. Open entry

d. Electric trading

e. Soft commodities

5. Identify four major constraint of trading in commodities.

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