The scope of commerce is restricted solely to the buying and selling of physical goods, excluding supportive activities such as warehousing, transport, and insurance.
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The statement is False because the scope of commerce comprises both trade and aids to trade.
The statement is false because commerce includes not only trade (buying and selling) but also all aids to trade, such as warehousing, transport, insurance, and banking, which make distribution possible.
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Scope of Commerce (Trade and Aids to Trade)