WAEC Commerce 2013 Objective — Question 10
Question 10 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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Which of the following is the function of commerce?
- A. The conversion of raw materials into semi-finished products
- B. The conversion of semi-finished products into end products
- C. provision of services to customers
- D. the exchange and distribution of goods and servicesCorrect
Explanation
Commerce is all trading activities and whatever will aid trading activities — i.e. the exchange and distribution of goods and services.
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