WAEC Commerce 2015 Question 10

Question 10

Trade Associations

An association that protects the interest of members in the same line of business is a

  1. A.Consumer Association.
  2. B.Trade union.
  3. C.Trade Association.
  4. D.Chamber of commerce.
Show the answer and explanation

Answer: C (Trade Association.)

Explanation

Firms in the same line of business form a trade association; a trade union is for workers.