Which of the following takes title to goods?
A) Brokers
B) Agents
C) Merchant wholesalers
D) Full-service retailers
E) Department stores

Question

Quizplus · Accepted Answer

Merchant wholesalers take title to goods by purchasing them from the manufacturer or producer and then reselling them to retailers or other businesses. Brokers and agents do not take title to goods, as they act as intermediaries between buyers and sellers. Full-service retailers and department stores also do not necessarily take title to goods, as they may purchase them on consignment or through agreements with suppliers that allow for shared ownership.

Which of the Following Takes Title to Goods