Commerce Paper 2, Nov/Dec. 2012  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments

Question 6

Explain the following trade terms, giving their full meaning
[a]       C.O.D.
[b]       C.W.O.
[c]       C.I.F
[d]       E.and O.E.
[e]       F.O.R.




Candidates did well with some of the terms excepts
Equities, Share premium, Issuing house and guilt –edged securities
Guilt- edged Securities; are government loans and bond issued at fixed rate of interest throughout  their lives with  repayment guaranteed by government
Equities are the part of the  capital employed by a company which belong to the risk bearer of the company.

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