Which of these 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.

Question

Quizplus · Accepted Answer

Merchant wholesalers take title to the merchandise they sell, meaning they own the goods and assume the risks associated with ownership. In contrast, agents and brokers do not take title to the merchandise; they facilitate sales and earn commissions or fees for their services.

Which of These Statements Best Describes the Key Difference Between