WAEC Marketing 2024 Objective — Question 34

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

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

A. co-operative society.
B. merchant association.Correct
C. market facilitator.
D. market union.

Explanation

When the members are in the same line, it is usually associated with when they are in different line; it is usually associated but when they are in different line of business it is usually union.

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