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WAEC Commerce 2016 Objective — Question 5

Question 5 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

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5. The main concern of commerce is to A. create wealth B. Buy and sell goods and services C. exchange and distribute goods and services D. satisfy all human wants

  • A. create wealth
  • B. Buy and sell goods and servicesCorrect
  • C. exchange and distribute goods and services
  • D. satisfy all human wants

Explanation

The central objective of commerce is buying and selling.

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