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Author Topic: 2013/2014 NABTEB May/June Commerce OBJ, Theory, Essay, Real & Confirmed Questions And Answers  (Read 4092 times)

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Offline MEGAX

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2013/2014 NABTEB May/June Commerce OBJ, Theory, Essay, Real & Confirmed Questions And Answers

Quote
NOTE: We Have Already Sent All The Complete NABTEB Correct Solved Commerce Essay Answers To Our Direct Mobile Subscribers (VIPs) Since 1pm This Afternoon.

Therefore, If you wish to be receiving Correct Solved Answers Before you enter the Exam Hall visit http://www.earlyface.com.ng/index.php?action=ezportal;sa=page;p=8  for the Procedures.
======================

Verified Commerce OBJ:
1-10: dbcdccaabd
11-20: caccdbcaad
21-30: dbabcddacd
31-40: bddababcab
41-50: dbabdadcdc


ESSAY:
(2a)
A trade association is an association of individuals,firms or companies engaged in a similar line of trade or providing similar services for the purpose of protecting their interests.
(2b)
i) promote trade in the particular line
ii) pool trade and credit information for the benefit of members
iii) foster relationship among member and make arrangements for the settlement of disputes among members
iv) assist the needy members
v) disseminate technical information to members on the latest methods of production and usage of new products,thereby also helping manufacturers
vi) undertake research work which may be beyond the ability of individual members,furnish the reports to the members




(3a)
Occupation is any productive activity in which a person is engaged permanently and which occupies his productive time.
(3b)
i) climatic differences:climatic conditions determine,to a large extent,the soil moisture and land vegetation.
ii) natural resource:the presence of mineral resources has caused many areas to develop these resources by engaging miners to extract the minerals
iii) skill and training:people would normally engage in occupations in which they have the skill and training
iv) aptitude:generally,people are free to engage in any lawful occupation of their choice provided they have the aptitude for such occupation.inclinat ion,interest and aptitude for a particular occupation compel people to engage in such occupation
v) education:this is another determinant of occupation,educated people will like to involve in a more modernised job.



(5a)
(5b)
i) performance:when all parties to a contract have carried out their obligations arising from the contract,we say that the contract is performed,and so is terminated
ii)voluntary agreement of the parties:the parties to a contract may voluntarily agree to terminate the contract even though not all the obligations arising from it have been performed.
iii)operation of law:there are several circumstances in which the law will affect the termination of a contract.eg bankruptcy,alteration of written contract
iv)frustration:this is the impossibility of performing a contract.sometimes situations arise to make the performance of a valid contract impossible. v)breach of contract:when one party to a contract refuses to perform the obligations assumed under the contract there is a breach of contract.



(7a)
Capital is a money used for and required in carrying out any business venture or transaction.it can also be said a resource used for the production of more wealth.
(7b)
i) authorized capital:this is the amount of money that the company is empowered to raise for its business under its memorandum of association
ii) issued capital:is the amount of share capital which is actually issued for subscription to members of the public.
iii) called up capital:is the amount of money called up on the shares that have been subscribed.
iv) paid up capital:is the actual amount of capital that shareholders have paid to the company.at times,shares are paid in instalments or when the shareholders are called upon to make payment
v) capital owned:is the excess value of assets over its liabilities
vi)Capital employed:this is the total assest of the business both fixed and current.this is the total value of resource used in running the business.



(9a)
Indigenization means policy initiatives designed to accelerate the greater participation of nigerians in the ownership and management of business enterprises in nigeria
(9b)
i) may stifle private sector development if carried too far
ii) many state enterprises are inefficiently run
iii) leads to monopoly power
iv) costs of services and products of nationalized industries are not determined by fre market forces
v) ownership is divorced from management and control


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    Offline Hambra

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    Nabteb commerce
    « Reply #1 on: June 02, 2013, 09:25:02 pm »
    Pls earlyface i nid complete nabteb commerce question and answers to be send to dis number pls na....... Am waitin to recievce it. Dis is my number 08185462263

    Offline Xurkal

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    Offline Nwohaebube

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