A major merit of the retaining middlemen is to

JAMB Commerce 2023 56 views

A major merit of the retaining middlemen is to

  1. pay cash to the bank for manufacturers
  2. stock perishable goods
  3. regulate price for manufacturers
  4. stock goods produced by different manufacturer ✓

Explanation

This answer correctly describes the business or trade concept. Commerce deals with buying, selling, and business operations.

The other options relate to different aspects of business or trade. They aren’t the best answer here.

Understanding this helps you grasp how businesses operate and how trade happens.

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