WAEC Commerce 2022 Objective — Question 8
Question 8 of 50 from the West African Examinations Council (WAEC) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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A group of sellers who pool their resources to buy goods in large quantities and sell to its members is a
- A. wholesale cooperative societyCorrect
- B. thrift and credit society
- C. consumer cooperative society
- D. chamber of commerce
Explanation
A wholesale cooperative society is formed by a group of sellers who come together to buy goods in large quantities and sell to its members.
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