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WAEC Commerce 2023 Question 12

Question 12

Trade Associations

A voluntary association of businessmen who are not in the same line of business is a

  1. A.bureau de change.
  2. B.trade union.
  3. C.trade association.
  4. D.chamber of commerce.
Show the answer and explanation

Answer: D (chamber of commerce.)

Explanation

A chamber of commerce brings together businesses of different kinds in an area; a trade association is for one line of business.