Which of the following illustrates a retail transaction?
A) a supermarket purchasing a computer system to improve its inventory management
B) a discount retailer signing a 10-year lease on a new store location
C) a wholesaler selling new windows to a home improvement center for resale to homeowners
D) an attorney purchasing a computer in conjunction with a hobby

Question

Quizplus · Accepted Answer

A retail transaction involves the sale of goods or services to the end consumer for personal use. In this case, the attorney purchasing a computer for a hobby is a retail transaction because it is for personal use, not for business purposes.

Which of the Following Illustrates a Retail Transaction