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One of the functions of a trade association is to

One of the functions of a trade association is to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Pay members salaries
  • B Promote members' welfare
  • C Provide loans to members
  • D Provide employment for members
Correct Answer: Option B
Explanation:
FUNCTIONS OF TRADE ASSOCATION

- Provide trade, Pool trade and credit information
- Fix minimum price for their goods
- Assist needy members
- Educate members on trade activities
- Settle dispute among members.
- Preventing cut-throat or unfair competition
- Promoting and extending trade through "legislative work'

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