Which of the following statements best describes the key difference between merchant wholesalers and agents and brokers?
A) Merchant wholesalers don't perform all channel functions,whereas agents and brokers do.
B) Agents and brokers only deal with consumer channels.
C) Agents and brokers make their profits based on the sales of merchandise they own,while merchant wholesalers make profits based on fees paid for their services.
D) Merchant wholesalers take title to merchandise,whereas agents and brokers do not.
E) Agents and brokers take title to merchandise,whereas merchant wholesalers do not.
Correct Answer:
Verified
Q270: Cash and carry wholesalers
A) furnish the racks
Q292: Cash and carry wholesalers
A) handle bulky items
Q298: Another name for a manufacturer's agent is
Q303: Another name for a drop shipper is
Q304: Wholesalers that own the merchandise they sell
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Q306: Truck jobbers are wholesalers that
A)furnish the racks
Q309: Wholesalers that have a small warehouse from
Q310: Drop shippers
A)own the merchandise they sell but
Q312: Coal,lumber,and chemicals,which are sold in extremely large
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