Define commerce and discuss its functions.
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Commerce refers to all these activities which help directly or indirectly in the distribution of goods to the ultimate consumers . There will be no use of producing goods unless and until these goods reach to the ultimate consumer. The functions of commerce are: 1-Helps in Removing the Hindrances of Persons.
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A technical definition of a function is: a relation from a set of inputs to a set of possible outputs where each input is related to exactly one output.
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