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WAEC Commerce 1993 Question 85

Question 85

Trade Associations

Which of the following is not the function of a Trade Association?

  1. A.Conducting research
  2. B.Providing technical information
  3. C.Giving credit facilities
  4. D.Settling disputes among members
  5. E.Educating members
Show the answer and explanation

Answer: C (Giving credit facilities)

Explanation

Trade associations advise, research and settle disputes; giving credit is a bank's function.