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Which of the following are the components of commerce? I. trading and advertising II. warehousing and...

Commerce
JAMB 2020

Which of the following are the components of commerce?

I. trading and advertising
II. warehousing and transportation
III. packing and branding
IV. Insurance and banking

  • A. I and II
  • B. I,II and IV
  • C. II, III and IV
  • D. I and III
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Correct Answer: Option B
Explanation

The components of commerce are as follows;

1. Transport ·

2. Warehousing

3. Insurance

4. Banking  

5. Advertisement

6. Communication

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