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An arrangement by independent firms to share the market of their products on quota ...

An arrangement by independent firms to share the market of their products on quota basis is referred to as?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Trust
  • B Integration
  • C Syndicate
  • D Cartel
Correct Answer: Option C
Explanation:
syndicate is an association of people or organizations that is formed for business. It is a group of individuals or organizations combined to promote a common interest.

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