Multiple choice

Commerce plays a vital role in removing various hindrances in exchange of goods and services. By which of the following ways does commerce help in removing the 'hindrances of person?'

  1. Through trade

  2. Through transport

  3. Through insurance

  4. Through banks

  5. Through advertising
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Hindrances of person occurs due to lack of contact and communication between producers and consumers. Commerce removes this hindrance through trade which provides an organised market where buyers and sellers can contact each other.

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