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WAEC Commerce 2008 Question 2

Question 2

Introduction to Commerce

Which of the following is not a function of commerce?

  1. A.Facilitates mass production of goods
  2. B.Assists in raising capital
  3. C.Creates goods and services
  4. D.Offers employment.
Show the answer and explanation

Answer: C (Creates goods and services)

Explanation

Creating goods is production (industry); commerce distributes them.