Multiple choice

All activities involving the hindrances in the process of exchange are included in commerce. Match the hindrances with the activities ||| |---|---| |Hindrances to business |Activities to remove the hindrances| |A. Person|1. Trade| |B. Place|2. Transport| |C. Risk|3. Insurance|

  1. A-1, B-2, C-3

  2. A-2, B-3, C-1

  3. A-3, B-1, C-2

  4. A-2, B-1, C-3

  5. A-1, B-3, C-2
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A Correct answer
Explanation

This is the correct matching. The hindrance to the persons is removed by trade by making goods available to consumers. The hindrance to place is removed by transport by moving goods from places of production to markets. The hindrance to risk is removed by insurance against losses.

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