Commerce Lesson Notes for SS3 1st Term

Download well organized and Detailed Commerce Lesson Notes for SS3 1st term in PDF or Document format – Edudelight Store

Senior Secondary School 3 First term Commerce Scheme of work with lesson notes content

WEEKS              TOPICS

1. Business Law.

• Meaning, Branches of commercial Law e.g, Law of contract, Hire purchase, Sales of goods, Agency etc.
• Law of contract.

1. Definition of contract.
2. Classification of contract.
3. Essential element of valid contract.
4. Types of Contract.

• Termination of contract.
• Remedies for branch of contract.
• Terminologies used in contract.

3. Law of Agency.

• Definition of Agency.
• Types of Agent.
• Appointment of Agent.
• Duties and Right of Principals.
• Termination of Agency.

4. Hire Purchase / Instalmental payment / Deffered Payment.

• Meaning, features of Hire purchase, parties to Hire purchase, conditions for Hire purchase.
• Merits and demerits of the Hire Purchase, termination of Hire purchase.

5. Contract of Sales of Goods.

• Definition of sales of good.
• Terms of contract of sale.
• Provision of sales of goods Act of 1893.
• Terminologies associated with contract of sale.

6. Contract of Employment.

• Meaning (Employer & Employee).
• The employer: duties & rights.
• The employee: Duties and Rights.

7. Government Regulation of Businesses.

• Meaning, methods of government regulation of Business e.g Business Registration, Patent Right, Trademark, Copy Right etc.
• Document required for Business establishment.

8. Structure of Business.

• Organization structure / set-up.
• Organization chart, Short notes, Authority and Responsibility, Span of Control, Scalar Chain of Command and, Unity of Command and Unity of Directions etc.

9. Introduction to Business Management.

• Meaning of Business.
• Business Resources.
• Objective of Business.
• Management: Meaning and Functions.

10. Business Environment.

• Departmentalization and Functions of each Department.
• Social responsibilities.

11&12. Revision & Exams.

SSS3 First Term Commerce Lesson Note – Edudelight Store