Commerce Questions and Answers

Short term capital is Liquid funds or assets that can be turned into liquid funds within less than a one year period. The amount of short-term capital that a business has available to it typically determines how much it can afford to devote to its operating expenses and will often affect its growth rate.

overdraft is an example of short term capital

The Securities and Exchange Commission (SEC) is the main regulatory institution of the Nigerian capital market

The Nigerian Stock Exchange (NSE) is privately owned and self-regulating, but the SEC maintains surveillance over it with the mandate of ensuring orderly and equitable dealings in securities, and protecting the market against insider trading abuses.

Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation

When a breach of contract occurs or is alleged, one or both of the parties may wish to have the contract enforced on its terms, or may try to recover for any financial harm caused by the alleged breach. If a dispute over a contract arises and informal attempts at resolution fail, the most common next step is a lawsuit.

Halimah can regard the contract as being terminated

The marketing mix has been defined as the "set of marketing tools that the firm uses to pursue its organizational goal, there are basically 4 P's of marketing which are Price, Product, Place and Promotion.

Marketing mix is a combination of factors that can be controlled by a company to influence consumers to purchase its products