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JAMB Commerce 2003 Question 4

Question 4

Trade Associations

The main motive of chambers of commerce and trade associations is to

  1. A.assist government in achieving its objectives
  2. B.protect the interest of consumers
  3. C.maximize profit
  4. D.protect and promote the interests of members
Show the answer and explanation

Answer: D (protect and promote the interests of members)

Explanation

Chambers of commerce and trade associations exist mainly to protect and promote the interests of their member businesses.