A middleman that purchases goods in large quantities and then sells them to retailers is called a _____.
A. retailer
B. merchant wholesaler
C. commission merchant
D. manufacturer's agent
E. manufacturer's sales branch
Answer: B
You might also like to view...
What are the three types of compensation that managers typically receive?
Supplier relationships are necessary because:
A) the buyer and vendor depend upon each other for communication and problem solving. B) the buyer can expect presents from the vendor. C) the buyer can expect price concessions. D) all of the above
Most people appraise situations with high time pressure as rather stressful, and they also tend to appraise these situations as more hindering than challenging.
Answer the following statement true (T) or false (F)
Excel Autos & Trucks, Inc., contracts to sell five trucks to First Leasing Corporation, which contracts to lease the trucks to General Delivery Company. Article 2A of the UCC applies to
A. neither the lease nor the sale. B. the lease and the sale. C. the lease only. D. the sale only.