JAMB Commerce 2011 Objective — Question 1
Question 1 of 49 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2011 Objective paper, with the correct answer and a full explanation.
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The most important function of commerce is in A. helping people to improve their profits B. enhancing business relationships C. facilitating exchange among individuals and firms D. assisting trade through banking and insurance
- A. A. helping people to improve their profits
- B. B. enhancing business relationships
- C. C. facilitating exchange among individuals and firms D. assisting trade through banking and insuranceCorrect
- D. D. assisting trade through banking and insurance
Explanation
Commerce facilitates exchange of goods and services among individuals and firms.
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