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All activities involved in the distribution and exchange of goods and services are referred to...

Commerce
JAMB 2025

All activities involved in the distribution and exchange of goods and services are referred to as

 

  • A. market survey
  • B. advertising
  • C. trade
  • D. commerce
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Correct Answer: Option D
Explanation

Commerce refers to all activities involved in the distribution and exchange of goods and services. It includes trade, which is the
buying and selling of goods, and aids to trade, such as transport, insurance, warehousing, advertising, and banking.


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