A general term for a middleman that actually takes title to products by buying them is a
A) functional middleman.
B) broker.
C) retailer.
D) sales agent.
E) merchant middleman.

Question

Quizplus · Accepted Answer

A merchant middleman is a term used to describe a middleman who takes physical possession of goods by purchasing them from the manufacturer or producer and selling them to the end consumer. This is different from a broker or sales agent, who only facilitates the sale between the buyer and seller without taking ownership of the product. A retailer is a specific type of merchant middleman that sells products directly to consumers. Functional middlemen also facilitate the transfer of products but do not take title to the goods.

A General Term for a Middleman That Actually Takes Title