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WAEC Commerce 1995 Question 12

Question 12

Introduction to Commerce

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

  1. A.Trade
  2. B.Market survey
  3. C.Advertising
  4. D.Commerce
  5. E.Sales promotion
Show the answer and explanation

Answer: D (Commerce)

Explanation

Commerce covers trade and all the aids to trade that distribute and exchange goods and services.