State four circumstances under which a customer would prefer to be paid by a banker's cheque

4. Give four contents of a statement of account

5. State four limitation of hawking

6. State four disadvantages a person may experience when using credit cards

7. Name four commercial services which are useful to a manufacturer

8. Give four disadvantages of barter trade

14. State four circumstances under which a proforma invoice can be use

15. State four benefits of selling goods on hire purchase terms

16. List four advantages of hire purchase to the buyer

17. List four essentials of a bill of exchange

18. State four factors that determine the period for which documents should be stored

19. Identify four essentials of a valid bill of exchange

20. Mama Cindy purchased 100 packets of sweets worth kshs1625.if she was allowed a 5%

quantity discount and 2 % cash discount, calculate the price she paid per packets of sweets