WAEC Commerce 2012 Objective — Question 41
Question 41 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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An activity involving buying, selling and distribution of goods and services is known as
- A. trade
- B. marketing mix
- C. exchange
- D. commerceCorrect
Explanation
Commerce is trade and aids to trade. Thus, it involves buying and selling as well as all things that make the trade easy.
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