Correct Answer: A) public vehicle, train and air

Explanation

In this question, we are asked about the different modes of transport that can be used for sending goods and which of these options is correct for the way bill. The correct option is Option A: public vehicle, train, and air. This means that the way bill can be used for goods that are sent by public vehicle (like trucks), train, and air transport.

Option B: train and ship, Option C: ship alone, and Option D: air alone are incorrect because they do not include public vehicle as a mode of transport for the way bill. It is important to note that different types of goods may require different modes of transport, and the way bill helps to ensure that the goods reach their destination safely and efficiently.

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Correct Answer: D. dutiable goods are kept

Explanation

Bonded warehouse is a customs-controlled warehouse for the retention of imported goods until the duty owed is paid.

Correct Answer: A. commerce

Correct Answer: A. fidelity

Explanation

(a) The second tier security market is the market for buying and selling of old and outstanding securities. The introduc-tion of the market is for the development of the country's economy and to encourage investment opportunities.

(b) The following justify the existence of the Second Tier Security Market ( SSM)

(i) The SSM enables new investors to have direct access to buy shares.

(ii) The SSM's aim is to serve small and medium sized companies, some of which have good prospects for growth.

(iii) The SSM enables the investing public to assess the viability and profitability of companies. This enables them to make rational decisions regarding which company to invest in.

(iv) It enables the investing public to make long term investments.

(v) They provide expert advice on matters relating to finance, thereby enabling companies to know where to invest and when to do so.

(vi) The SSM complements the functions of the stock exchange market.

Correct Answer: C. privatization

Explanation

privatization; is the transfer of a business, industry, or service from public to private ownership and control.

Correct Answer: D. speculation

Explanation

Speculation refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain or other major value. it is a situation where players in the stock exchange buy or sell securities with the expectation that they mabe a fall or rise in the prices of the said securities in future.

Correct Answer: C. Marine Insurance

Correct Answer: D. slow pace of development of member countries

Correct Answer: B. Staffing

Explanation

In economics, the four main factors of production are land, labor, capital, and entrepreneurship. Staffing is not considered a factor of production. It is rather a function of management that involves recruiting, selecting, training and developing employees.