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What is Business Services in Commerce about?
Chapter 4 discusses business services essential for trade, including banking, insurance, transport, and communication. It outlines the nature of business services, such as intangibility and inconsistency, and details the primary and secondary functions of commercial banks, including accepting deposits and lending money. Additionally, it covers electronic banking services and principles of insurance, highlighting various types of insurance policies.
- Author
- havikumar123
- Language
- EN