Correct Answer: C. Replenish

Explanation

Description of documents and their uses:

(a)Consular invoice: This is an invoice issued in the embassy of the importing country showing the original price of the goods in the country of origin. This is to avoid under-involving for correct import duties to be paid.

Uses:

(i) It is used by the Customs Authority to ascertain duty payable on goods.

(ii) It prevents falsification of prices of goods.

(b) Bill of lading: This document contains the details of the goods been sent. It is the document of title to goods which are sent across two countries. It is an evidence of shipment and a document of title to claim goods.

Uses:

(i) It is used as evidence of shipment contract.

(ii) It is used as proof of ownership.

(iii) It shows details of all parties to the goods.

(iv) It shows details of the goods.

(c)Certificate of origin:This is an international trade document which states the place where the goods are produced for preferential treatment purposes.

Uses:

(i) This is used by Customs to separate dutiable goods or special duty items from each other.

(ii) It prevents possible importation of goods from enemy country.

(d)Bill of sight:This is a document used in the import trade where importers are required to complete the appropriate "entry" document if there is insufficient information about the cargo to determine the correct duty in advance.

Uses:

(I) It is used to determine the duty on the cargo.

(ii) It is very important when there is insufficient information about the cargo.

Correct Answer: B. light

Correct Answer: C. Measuring cylinder

Correct Answer: A. N42.500

Correct Answer: B. -2, 1

Correct Answer: C. At a steady velocity, the resultant force acting on it must be equal to zero

Explanation

(a)(i) Consequential loss is the loss on profit and rent which arises as a result of destruction of insured property by fire.

(ii) A cover note refers to a temporary insurance cover, usually for 30 days given to the prospective insured who has completed the proposal form. From the date of the note, he will be held covered until a policy has been issued or the proposal is declined.

(b) The advantages of insurance to a businessman are:

(i) Insurance provides a ready means of compensation in case of damage to or loss of property, limb or life.

(ii) Risk protection: Insurance makes it possible for certain risks (insurable risks) to be taken off the shoulders of the businessman.

(iii) Insurance offers a businessman the opportunity to save for rainy day (retirement benefits, annuity, etc) and through various endowment policies, insurance provides his dependants with relief in the event of his death.

(iv) Insurance provides pool of funds for businessmen to draw from in times of need.

(v) Insurance encourages businessmen to undertake businesses that ordinarily would have been considered risky and untouchable.

(vi) Insurance encourages savings among businessmen.

(vii) Insurance policies can be used as collateral for the purpose of borrowing money from banks and other financial institutions.

Explanation

R = \(U\sqrt{\frac{2H}{g}}\)

= 0.4 \(\sqrt{\frac{2 \times 20}{10}}\)

= 0.8m

Correct Answer: B. subscript