Commerce revision notes

WAEC and JAMB · SS2 and SS3 · 5 topics

Every topic below is written for the WAEC and JAMB syllabus: what you need to know, the key terms, a worked example with the steps shown, and the mistake that costs candidates the mark.

• Commerce, trade and aids to trade The framing topic. Every other part of the syllabus is either trade itself or one of the services that makes…
• Business units and finance Comparison territory. Know the formation, liability, capital source and continuity of each type and you can…
• Documents and procedure of trade Sequence matters here. Examiners often ask which document comes next, so learn the order of a transaction.
• Banking, insurance and warehousing The three services that carry most of the aids-to-trade marks. Insurance principles in particular are…
• Marketing, transport and communication The outward-facing part of commerce. Nigerian examples from the mobile money and e-commerce boom make strong…