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Which of the following features is common to all retailers

Commerce
WAEC 2009

Which of the following features is common to all retailers

  • A. Operating as sole-proprietors
  • B. Selling to the final consumers
  • C. Operating with small capital
  • D. Selling on hire purchase to consumers
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Correct Answer: Option B
Explanation

Standing as the last man who sells directly to consumers is one of the functions applicable to almost all retailers.  

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now