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2 marksDevelopment of Barter and Money

CSEC Principles of Business · May/June 2012 · Paper 2 · Question 5(b)(ii)

Outline the differences between each of the following pairs of business terms:

Crossed cheques and open cheques

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Other parts of this question

  1. 5(a)State TWO roles of commercial banks.[2 marks]
  2. 5(b)(i)Money market and capital market[2 marks]
  3. 5(b)(iii)Bull market and bear market[2 marks]
  4. 5(c)Describe THREE benefits that an entrepreneur may enjoy from starting his own business as opposed to purchasing investments.[6 marks]
  5. 5(d)Discuss TWO types of investment options that are available to entrepreneurs.[6 marks]

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