SS3 Commerce 2nd Term

Announcement for Students in:
SS 1, SS 2 & SS 3, 2nd Term

Study Online & Get
Better SSCE (WAEC & NECO) Results
Than in Tutorial Classes
Take Online Quiz Here
Tutorial or Home lesson may not be so effective in your quest for academic excellence, especially when you have the opportunity to access our content-rich, well-formatted e-Notes, Video Lessons, Voice Notes, etc
Week 1:  

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

NEW! Exam Questions. Click on
SS2 Biology 2nd Term to get started.
Week 2:  

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

Week 3:  

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

Week 4:  

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

Week 5:  

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

Week 6:  

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

Week 7:  

Mid Term Revision and Test for SS3 Commerce 2nd Term

Please use a Mobile Phone or Tablet to take the Online Quiz.
You can't take the Online Quiz on a Desktop.
Week 8:  

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)

Week 9:  

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)

Week 10:  

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)

Week 11:  

Evaluation and Online Quiz

For Online Quiz and CBT
Please check WEEK 7 above

Google Classrooms & Reference Textbooks

Get PDF copy of e-Notes for offline study

Other Classes are Listed Below
for Commerce
SS 1 SS 2 SS 3
1st 2nd 3rd 1st 2nd 3rd 1st 2nd 3rd

Scheme of Work by Topic for:
SS3 Commerce 2nd Term
(Ana Arm Technologies)
The Stock Exchange
Second-Tier Security Market (SSM)
Negotiable Instruments
Means of Payment
Online Quiz
Reference Textbooks

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