Which hindrance of commerce is highlighted in the following activities?I. It removes the geographical separation between producers and consumers.II. Warehousing facilitate holding of goods till they are required.III. Service which informs the consumers about the goods and services available in themarket.IV. Banking and Financing Institutions provide necessary funds to carry on business activities.
V. Insurance protects the goods in case of damage due to theft, fire, accidents
1. It removes the geographical separation between producers and consumers- hindrance of place
2. Warehousing facilitate holding of goods till they are required- hindrance of time
3. Service which informs the consumers about the goods and services available in the market- hindrance of information
4. Banking and Financing Institutions provide necessary funds to carry on business activities- hindrance of exchange
5. Insurance protects the goods in case of damage due to theft, fire, accidents- hindrance of risk
2. Warehousing facilitate holding of goods till they are required- hindrance of time
3. Service which informs the consumers about the goods and services available in the market- hindrance of information
4. Banking and Financing Institutions provide necessary funds to carry on business activities- hindrance of exchange
5. Insurance protects the goods in case of damage due to theft, fire, accidents- hindrance of risk