Independently-owned businesses that buy from producers, take legal title to the goods, and then resell them to retailers or to organizational buyers, are called ________
A) agents
B) brokers
C) merchant wholesalers
D) department stores
E) manufacturers' representatives
Answer: C
Explanation: The majority of wholesalers are merchant wholesalers, independently-owned businesses that buy from producers, take legal title to the goods, and then resell them to retailers or to organizational buyers.
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