GCE Commerce 2022 Objective — Question 8
Question 8 of 50 from the General Certificate of Education (GCE) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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A group of sellers who pool their resources to buy goods in large quantities and sell to its members is a
- A. Wholesale cooperative societyCorrect
- B. Thrift and credit society
- C. Consumer cooperative society
- D. Chamber of commerce
Explanation
A wholesale cooperative society is a union of sellers that buys goods in bulk and sells to its members.
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