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JAMB Commerce 2014 Objective — Question 25

Question 25 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2014 Objective paper, with the correct answer and a full explanation.

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An association of voluntary organizations that work together for a common aim while retaining their independence is a

  • A. syndicate
  • B. merger
  • C. cartel
  • D. consortiumCorrect

Explanation

A consortium is an association of voluntary organisations that work together for a common aim while retaining their independence.

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