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WAEC Commerce 2016 Question 32

Question 32

Trade Associations

Which of the following functions is not performed by trade association?

  1. A.Research and development
  2. B.Standardization of product
  3. C.Credit facilities
  4. D.Technical information
Show the answer and explanation

Answer: C (Credit facilities)

Explanation

Trade associations do research, set standards and give information, but they do not give credit to members.