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Tuesday, 27 October 2026
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The scope of commerce is limited to ____________

The scope of commerce is limited to ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Wholesale and entrepot trade
  • B Trade and aids-to-trade
  • C Wholesale and retail trade
  • D Home and foreign trade
Correct Answer: Option B
Explanation:
The scope of commerce consists mainly of trade and aids to trade. Trade involves the buying and selling or exchange of goods and services, while aids to trade such as transport, banking, insurance, warehousing and communication facilitate trade.

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