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An association that acts as a watchdog between enterpreneurs and government to protect trade from...

Commerce
JAMB 2016

An association that acts as a watchdog between enterpreneurs and government to protect trade from any unfavourable laws is said to be a

  • A. cartel
  • B. syndicate
  • C. Chamber of Commerce
  • D. Nigeria Bar Association
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Correct Answer: Option C
Explanation

Chamber of Commerce (also referred to in some circles as a board of trade) is a form of business network, e.g., a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community.


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