Question

Explanation for five hindrances of trade

Answer 1

Answer:

Name the six hindrances to trade

Hindrance of persons.

Hindrance of place.

Hindrance of time.

Hindrance of risk.

Hindrance of finance.

Hindrance of information.

Explanation:

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Answer 2

Answer:

Hindrances of exchange: Hindrance of exchange is overcome by trade. Trade is an integral part of commerce. It simply refers to sale, transfer or exchange of goods and services. ... Hindrance of risk: hindrance of risk of damage/loss of goods in transit in warehouse can be solved by insurance