Which of the following are the components of commerce?<br/>I. trading and advertising<br/>II. warehousing and transportation<br/>III. packing and branding<br/>IV. Insurance and banking
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Correct Answer: Option B
Explanation:
Commerce comprises trade (buying and selling) and aids to trade. Options I (trading and advertising), II (warehousing and transportation), and IV (insurance and banking) are all components of commerce.
Commerce comprises trade (buying and selling) and aids to trade. Options I (trading and advertising), II (warehousing and transportation), and IV (insurance and banking) are all components of commerce.