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Disadvantages of using a cheque are;Requires the payee to go to the bankThey may be dishonouredCan only be issued by an account holderThe drawer pays some bank chargesNot readily acceptable by everybody
Disadvantages of free trade to a country are;Loss of government revenue in form of import and export duty on the goods being imported or exported.Closing down of local industry as a result of cheap imported goods from member communities.May cause unemployment where more qualified people move into the country from their countries.Limited consumer choice that lead to lower standard of living.Compromising a country's political ideology if pursuing different political ideology in order to fit in the bloc.Loss of opportunity to obtain cheaper commodities from non member countries that forces consumer to buy goods produced in the bloc.Importation of inferior goods
Disadvantages of oral traditions as a source of History and Government are;ExaggerationInformation may be forgottenDoes not provide sequence of events
Disadvantages of a long chain of distribution.Increased priceChances of damage to goods due to handlingFeedback to the manufacturer / producer is slowPerishable goods will go badLikelihood of delay of goods.
Some of the characteristics of a private limited companies include:It must have at least one directorTransfer of share is restrictedBusiness can be started immediately after incorporationIt is not entitled to publish annual accountsIt is not a must to hold statutory meetingsNumber of members is limited to 50 (in Kenya)