WAEC Commerce 1996 Question 40

Question 40

Introduction to Commerce

The primary aim of commerce is to

  1. A.produce goods and services
  2. B.warehouse goods
  3. C.advertise goods and services
  4. D.finance goods and services
  5. E.exchange goods and services
Show the answer and explanation

Answer: E (exchange goods and services)

Explanation

Commerce covers trade and its aids, whose purpose is the exchange and distribution of goods and services.