Business, Trade and Commerce · Class 11 · CBSE · Commerce Business Studies
The branch of commerce that removes the hindrance of person by making goods available from producers to consumers is known as:
Practice question from Business, Trade and Commerce (Class 11 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
medium · MCQ · Q-7DF670
The branch of commerce that removes the hindrance of person by making goods available from producers to consumers is known as:
- A.Transport
- B.TradeCorrect answer
- C.Warehousing
- D.Advertising
Solution
Trade involves buying and selling of goods, which establishes a direct link between producers and consumers, thereby removing the hindrance of persons (contact between buyer and seller).
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