SS3 Commerce 2nd Term
SS3 Commerce 2nd Term Lesson Note
The Stock Exchange
SUB TOPICS:
A. Meaning and importance of stock exchange
B. Functions of the stock exchange
C. Procedures of transaction at the stock exchange
D. Organizational setup in stock exchange
LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 State the importance of stock exchange.
2 Describe the functions of stock exchange.
3 ETC
The Stock Exchange (CONT'D)
SUB TOPICS:
A. Stock exchange securities: meaning and types
B. Speculation: meaning and types
C. Securities and Exchange Commission (SEC)
D. Central Securities Clearing System (CSCS)
E. Terminologies used in the stock exchange
LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Explain the meaning of securities
2 Describe various types of securities
3 State factors affecting prices of shares
4 Define speculation.
5 ETC
Second-Tier Security Market (SSM)
SUB TOPICS:
A. Meaning and its advantages to companies
B. Advantages to the investing public
C. Requirements for admission and methods of admission
D. Advantages and disadvantages of quoting shares on SSM
LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define second tier security market
2 Describe the advantages of SSM to the companies
3 ETC
Negotiable Instruments
SUB TOPICS:
A. Definition and characteristics of negotiable instruments
B. Types of negotiable instruments
C. Bill of exchange: meaning and its features
D. Parties to a bill
E. Kinds of bill
F. Advantages of a bill
G. Differences and similarities between cheques and bills
LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define negotiable instrument.
2 State the characteristics.
3 List various types of negotiable instruments.
4 To define bill of exchange.
5 ETC
Negotiable Instruments (CONT'D)
SUB TOPICS:
A. Promissory note: Meaning
B. Parties to a promissory note
C. Kinds of promissory note
D. Distinction between a bill of exchange and a promissory note
E. Terminologies used in negotiable instruments
F. Ceaning of credit
G. Basis for credit sales
H. Advantage and disadvantages of credit Sales
LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define promissory note.
2 Enumerate the parties to a promissory note.
3 Describe the features of promissory note.
4 Identify the kinds of promissory
5 ETC
Means of Payment
SUB TOPICS:
A. Meaning of payment
B. Factors that detemine means of payment
C. Classification of means of payment: legal tender, payment throught the bank, etc
D. Means of payment provide by: Post office, Businessmen, etc
LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define means of payment.
2 State factors that determine the means of payment.
3 ETC
Mid Term Revision and Test for SS3 Commerce 2nd Term
You can't take the Online Quiz on a Desktop.
Consumer Protection
Learning objectives: By the end of this lesson, students should be able to:
1. State and explain four reasons for consumer protection (Source: Ref WAEC 2018, Q7b)
Business Documents
Learning objectives: By the end of this lesson, students should be able to:
1. Explain the following business documents and state two uses of each: Consignment note; Delivery note; Bill of lading; Bill of sight (Source: Ref WAEC 2016, Q12)
2. Differentiate between a Bill of Lading and Consignment Note (Source: Ref WAEC 2021, Q5b)
3. Explain the use of bill of sight in foreign trade (Source: Ref WAEC 2021, Q5b)
Business Documents (CONT'D)
Learning objectives: By the end of this lesson, students should be able to:
1. Explain the following business documents and state two uses of each: Consignment note; Delivery note; Bill of lading; Bill of sight (Source: Ref WAEC 2016, Q12)
2. Differentiate between a Bill of Lading and Consignment Note (Source: Ref WAEC 2021, Q5b)
3. Explain the use of bill of sight in foreign trade (Source: Ref WAEC 2021, Q5b)
Evaluation and Online Quiz
Google Classrooms & Reference Textbooks
(Ana Arm Technologies)
The Stock Exchange
Second-Tier Security Market (SSM)
Negotiable Instruments
Means of Payment
Online Quiz
Reference Textbooks
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