wiz-icon
MyQuestionIcon
MyQuestionIcon
24
You visited us 24 times! Enjoying our articles? Unlock Full Access!
Question

Commerce includes activities relating to trade and ___________ to trade.

A
supporting
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
subsidiaries
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
ancillaries
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
none of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C ancillaries
Ancillaries to trade are those activities which facilitate smooth functioning of business. Insurance, transport, warehousing and advertising are regarded ancillaries to trade. Hence, we can say that commerce includes activities relating to trade and ancillaries to trade.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Cash Flow Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon