A general term for a middleman that actually buys and then resells goods is a _____.
A)functional middleman
B)broker
C)retailer
D)sales agent
E)merchant middleman

Question

Quizplus · Accepted Answer

A merchant middleman is a general term for a middleman who buys and resells goods. Functional middlemen assist in the distribution process but do not buy and resell goods themselves, brokers bring buyers and sellers together but do not take ownership of the goods, retailers sell goods to the end consumer, and sales agents represent the seller but do not take ownership of the goods.

A General Term for a Middleman That Actually Buys and Then