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WAEC Commerce 2018 Question 19

Question 19

Trade Associations

Which of the following features is not associated with a chamber of commerce? It is

  1. A.democratically administered.
  2. B.an independent association.
  3. C.open only to entrepreneurs.
  4. D.a voluntary association.
Show the answer and explanation

Answer: C (open only to entrepreneurs.)

Explanation

A chamber of commerce is open to businesses of all kinds in trade, industry and services, not only to entrepreneurs.