Free account: track your progress — Sign up free

JAMB Commerce 2007 Objective — Question 45

Question 45 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

Advertisement

The major function of a trade association is that it

  • A. helps to promote research on behalf of membersCorrect
  • B. facilitates members' access to credit facilities
  • C. helps to promote foreign trade
  • D. liaises with foreign trade associations

Explanation

A trade association, being made up of people in the same line of trade, primarily conducts research and finds information that favours its members.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.