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The most important function of commerce is in?

Commerce
JAMB 2011

The most important function of commerce is in?

  • A. enhancing business relationships
  • B. helping people to improve their profits
  • C. facilitating exchange among individuals and firms
  • D. assisting trade through banking and insurance
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Correct Answer: Option C
Explanation

 commerce plays an important role in the distribution of goods. It makes available to the users goods produced in different parts of a country as well as from other countries.

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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 offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995