Commerce is defined as the study of how

Commerce

JAMB 1994

A. man utilizes the resources in his physical environment
B. man produces, distributes and consumes his goods and services
C. man buys, sells and distributes goods and services
D. raw materials are changed into finished goods

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Correct Answer: Option C

Explanation

Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. It is the activity of buying and selling, especially on a large scale.

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Commerce is defined as the study of how

Correct Answer: Option C

Explanation

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