Manufacturer's agents refer to agents who
A. take title to merchandise but sell only to buyers who call on them, pay cash for merchandise, and furnish their own transportation for merchandise.
B. own the merchandise they sell but do not physically handle, stock, or deliver it.
C. furnish the racks or shelves that display merchandise in retail stores, perform all channel functions, and sell on consignment to retailers.
D. work for several producers and carry noncompetitive, complementary merchandise in an exclusive territory.
E. represent a single producer and carry all products in the producer's lines.
Answer: D
You might also like to view...
What is an annual report? Briefly describe the key parts of the annual report.
What will be an ideal response?
A $300,000 bond issue with a carrying value of $311,000 is called at 103 and retired. The entry to record the retirement of bonds is:
A) Bonds Payable 309,000 Cash 309,000 B) Bonds Payable 311,000 Cash 311,000 C) Cash 300,000 Bonds Payable 300,000 D) Bonds Payable 300,000 Unamortized BondPremium 11,000Cash 309,000Gain on Retirementof Bonds 2,000
In relation to enterprise security, ________ means that only those who have the right to do so can modify data and information
A) interrogation B) visuality C) virtuality D) integrity
A well-structured relation contains data about two or more entities
Indicate whether the statement is true or false