JAMB - Commerce (2022 - No. 29)

One of the functions of a trade association is to
pay members salaries
promote members' welfare
provide loans to members
provide employment for members

Explanation

FUNCTIONS OF TRADE ASSOCATION


- Provide trade, Pool trade and credit information
- Fix minimum price for their goods
- Assist needy members
- Educate members on trade activities
- Settle dispute among members.
- Preventing cut-throat or unfair competition
- Promoting and extending trade through "legislative work'

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