A textbook publishing company in Kaduna produces thousands of books for secondary schools. To ensure these books reach students across different states, commercial intermediaries facilitate the buying and selling process, thereby transferring ownership from the producer to the final users. Which function of commerce is directly demonstrated by this process?
- Eliminating the hindrance of person by connecting producers with ultimate consumersCevap
- BProviding direct personal services to satisfy individual non-commercial requirements
- CRestricting economic activities strictly to the primary extraction of raw materials
- DFacilitating direct production strictly for personal and household consumption
Cevap
Eliminating the hindrance of person by connecting producers with ultimate consumers
One of the fundamental functions of commerce is eliminating the hindrance of person. Producers and consumers are often separated geographically and socially; commerce resolves this gap through trade by transferring legal ownership of goods from manufacturers to final consumers.
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Functions of Commerce (Overcoming Hindrance of Person)
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