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SS1 Economics Third Term: Equilibrium Price/Price Determination

What is Equilibrium Price? The equilibrium price can be defined as the market price where the quantity of goods supplied is equal to the quantity of goods demanded. This is the point at which the demand and supply curves in the market intersect. It can also be seen as the interaction between the demand and

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SS1 Agricultural Science Third Term: Reproduction in Farm Animals

Introduction The reproductive system or genital system is a system of sex organs within an organism which work together for the purpose of sexual reproduction. Many non-living substances such as fluids, hormones, and pheromones are also important accessories to the reproductive system.Unlike most organ systems, the sexes of differentiated species often have significant differences. These

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SS2 Financial Accounting Third Term: Loan Capital-Debenture Types

What is Loan Capital? Loan Capital is the part of a company’s capital that is not equity capital but earns a fixed rate of interest instead of dividends, and must be repaid within a specified period; irrespective of the company’s financial position. Loan capital may be obtained from a bank or finance company in the

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SS2 Financial Accounting Third Term: Purchase of Business- Format Preparation of new Business Account

Introduction Purchase of business is the process of acquisition of old business by a company. Promoters can acquire a business and sell it to another company at a profit. The persons who sells the business is another company is called the “vendor”. The money paid by the purchaser is called “purchase price”, the purchase of

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JSS1 Civic Education Third Term: Forms of Democracy

Forms of Democracy Direct democracy: This is an individual freedom; this is where people participate in the governing of the state at intervals. People have liberation without any representation. Representative democracy: This is also known as indirect democracy; in this form of democracy, some people are elected to represent the masses. Whatever they say would

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SS2 Government Third Term: Local Government Administration in Nigeria

Structure: Local Government Administration in Nigeria Local government may be defined as a government established through an Act at the local level to deal with specific matters as it affects them. It can also be defined as the sub-organ of the central government established to provide for the needs of the people at local level. Under

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