Agents have all of the following characteristics except they
A) represent buyers and sellers
B) do not take title to goods
C) take possession of goods
D) work based on commission or fees
Correct Answer:
Verified
Q97: Wholesale cooperatives are voluntary chains of independent
Q98: Cash-and-carry wholesalers are wholesalers who
A) carry a
Q99: Truck wholesalers are wholesalers who
A) carry a
Q100: Drop shippers are wholesalers who
A) carry a
Q101: Mail-order wholesalers are wholesalers who
A) carry a
Q103: Brokers have all of the following characteristics
Q104: A selling agent
A) has an exclusive arrangement
Q105: A purchasing agent
A) has an exclusive arrangement
Q106: A commission merchant
A) has an exclusive arrangement
Q107: Manufacturers use distributors rather than sell directly
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