Free account: track your progress — Sign up free

NECO Marketing 2024 Objective — Question 34

Question 34 of 40 from the National Examinations Council (NECO) Marketing 2024 Objective paper, with the correct answer and a full explanation.

Advertisement

An association of traders belonging to the same line of business is a A.

  • A. A. cooperative societyCorrect
  • B. B. merchant association
  • C. C. market facilitator
  • D. D. market union

Explanation

A cooperative society is an association of individuals who come together to achieve common goals such as business, promotion of welfare etc.

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.