SS1 Commerce – Other Financial Institution

In this class, we will discuss other financial institutions. Enjoy the class! Other Financial Institutions CONTENTS 1. Merchant Banks (Investment Banks) 2. Development Banks   Merchant banks (investment banks) This

SS1 Commerce – Negotiable Instrument/ Bill of Exchange and Others

In this class, we will discuss negotiable instruments.  Negotiable Instruments – Bills of Exchange and Others CONTENTS 1. Bill of exchange 2. Dishonoured Bills 3. Promissory Notes   A negotiable

SS1 Commerce – Check System 2

In this class, we will discuss the cheque system. Enjoy the class! The Cheque System II   1. Special Crossing: This is effected by writing the name of a bank

SS1 Commerce – Check System 1

In this class, we will discuss the cheque system. Enjoy the class! The Cheque System CONTENTS 1. Parties to a cheque 2. Advantages of payment by cheque 3. Types of

SS1 Commerce – Commercial Bank

In this class, we will be talking about commercial banks. Enjoy the class! Commercial Bank CONTENTS 1. Definition and features of commercial banks 2. Functions of Commercial Banks 3. Types

SS1 Commerce – Central Bank

In this class, we will discuss the central bank. Enjoy the class! Central Bank CONTENTS 1. Features/characteristics of the Central Bank 2. Functions of the Central Bank 3. Monetary Policy