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WAEC Commerce 2024 Question 17

Question 17

Wholesale Trade

Prefinancing production is a wholesaler's function to

  1. A.manufacturers.
  2. B.retailers.
  3. C.distributors.
  4. D.consumers.
Show the answer and explanation

Answer: A (manufacturers.)

Explanation

By paying manufacturers in advance or ordering in bulk, the wholesaler helps finance their production.