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Commerce is defined as the study of how

Commerce is defined as the study of how
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Man utilizes the resources in his physical environment
  • B Man produces, distributes and consumes his goods and services
  • C Man buys, sells and distributes goods and services
  • D Raw materials are changed into finished goods
Correct Answer: Option C
Explanation:
'Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. it is the activity of buying and selling, especially on a large scale.Â

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