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SS 1 Commerce Lesson | Third Term

SS 1 Commerce Lesson | Third Term

Build strong foundation in SSS (or SHS) 1 Commerce.
Created bySamuel Jonah
Last updated 4/2022
English
English [Auto],

What you'll learn

  • Student should be able to explain Nigeria port authority.
  • Explain the meaning of banking system and list the advantages of baking.
  • Explain the meaning of a sole proprietorship.
  • Define partnership and describe types of partnership
  • State the advantages and disadvantages of a partnership
  • List some specialized bank in Nigeria and state their function
  • Define Cheque and list some types of cheque
  • Define Cheque and list some types of cheque

Course content

1 section • 9 lectures • 1h 59m total length

  • Nigerian Port Authority8:14

    Learn how the Nigerian Ports Authority manages seaports, provides facilities, and dredges for ships, while monitoring vessels; the Nigerian Airports Authority controls airports, supports landing, refueling, parking, repairs, and security.

  • Banking System26:16

    Explore the banking system, from the meaning and origins of banks to commercial and central banks, their functions, account types, cheques, and open market operations.

  • Sole Proprietorship11:00

    Explore sole proprietorship and civil partnership concepts, highlighting features, unlimited liability, lack of perpetual succession, and sources of capital, while weighing advantages and disadvantages for small businesses.

  • Partnership12:10

    Explore the meaning, formation, capital sources, and types of partnership, including general and limited partnerships, with emphasis on liability, governance, and the deed of partnership.

  • Partnership II14:21

    Explore the kinds of partners, including the slipping Dumont partner, active partner, general partner, limited partner, and nominal or quasi partners, and summarize their rights and dissolution conditions.

  • Saving And Specialized Bank8:52

    Identify the roles of specialized banks; explain development, merchant, microfinance, savings, community, mortgage banks, and their key functions with Nigeria examples.

  • Sole Proprietorship11:00

    Explore sole proprietorship, a one-person business where the owner controls all decisions, profits, and liabilities, not a legal entity, with no continuity and easy setup.

  • Partnership II14:21

    Explore types of partners, including slipping dumont partner, active partner, general partner, limited partner, and nominal or quasi partners, and explain rights, advantages, disadvantages, and dissolution causes with settlement steps.

  • Cheque13:17

    Define a check as an order to pay on demand, and examine its features, types such as open and cross-checks, and the roles of drawer, bank, and payee.

Requirements

  • You’ll require good writing materials, attentiveness and a conducive learning environment.

Description

Dash Commerce this Third Term!

Commerce is a pivotal subject in the Commercial department of Secondary (or High) Schools all over Africa. Its essentiality stems long to even affect the competence and results of the students through their tertiary Education and Career. As importance as it is, is it sad to know that most students either pass with an average or even fail in school exams and even international papers like WASSCE.

This is may be attributed to a host of factors; mass learning enrolment of many school setting, inadequate delivery method adopted by teachers, low period duration to content volume ratio in school settings. These factors eventually lead to loss of interest in the subject, wrong mindsets about the difficulty subject, inadequate preparation of students toward external examination etc. Well, no need to worry, this tutorial, has been designed and all these things have been addressed.


The teaching approach is down-to-earth. We consider students of all background and experience in delivering the lessons. Notes are provided for students to download and follow the tutorial, and even to examine after the tutorial. Easy accessibility means you can ‘attend’ class whenever and wherever is convenient for you. What’s more? All-year access is provided so that on a single purchase, you can always revisit lessons, when you need to.


This tutorial package has been designed not to only you get good understanding of the conceptual topics of SSS (OR SHS) 1 Third Term Commerce. It is also crafted to build competence and skill to perform excellently at national and international examinations like NECO, WASSCE, GCE, JAMB etc.


The topics treated in this tutorial lesson follow the NERDC Syllabus for SSS (OR SHS) 1 Third term Commerce, stated;

  • Business Organizations — Sole Proprietorship

  • Partnership

  • Partnership I

  • Money

  • Central Bank

  • Commercial Bank

  • The Cheque System

  • The Cheque System II

  • Negotiable Instruments - Bills of Exchange and Others

  • Other Financial Institutions

In this tutorial lesson, ample time is taking to comprehensively explain each concept. The tutorial lesson is also fully packed with examples, illustrations and exercises to help you fully grasp the concepts.

Support is provided with our ‘Question & Answer’ Feature, so that you can interact with the instructor and other learners, should you need help, or desire to help others out.

This tutorial lesson has been worked and carefully designed to ensure that SSS (OR SHS) 1 Third Term Commerce becomes a walkthrough for you whether you are a fresh learner or you already have basic knowledge of the topics.


Who This Tutorial lesson is for:

  • Students Preparing to resume into SSS (OR SHS) 1 Third Term

  • Students who need better understanding of the SSS 1 Third Term Commerce

  • Candidates preparing to take WASSCE, JAMB, NECO, GCE etc

  • Teachers or Tutors who need quick, in-depth revision or study of the topics

  • Parents/Guardians who desire to guide Children or Wards in studying or solving questions from SSS (OR SHS) 1 Third Term Commerce Topics.

Who this course is for:

  • Students Preparing to resume into SSS (OR SHS) 1 Third Term
  • Students who need better understanding of the SSS 1 Third Term Commerce
  • Candidates preparing to take WASSCE, JAMB, NECO, GCE etc
  • Teachers or Tutors who need quick, in-depth revision or study of the topics
  • Parents/Guardians who desire to guide Children or Wards in studying or solving questions from SSS (OR SHS) 1 Third Term Commerce Topics.

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