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UI Post-UTME Commerce 2025 (Model questions) Question 1

Question 1

Wholesale Trade

The functions of a wholesaler in the chain of distribution include:
I. Breaking bulk from manufacturers
II. Providing storage facilities
III. Directly retailing to consumers
IV. Extending credit to retailers

  1. A.I, II and IV only
  2. B.I and III only
  3. C.II, III and IV only
  4. D.All of the above
Show the answer and explanation

Answer: A (I, II and IV only)

Explanation

Wholesalers break bulk, store goods and give retailers credit; selling directly to consumers is the retailer's job.