Compare and contrast merchant wholesalers with agents and brokers

What will be an ideal response?

Answer: 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. Most merchant wholesalers are small businesses, but the field includes a handful of multibillion-dollar firms. Unlike merchant wholesalers, agents and brokers never actually own the products they handle, and they perform fewer services. Their primary role is to bring buyers and sellers together; they are generally paid a commission (a percentage of the money received) for arranging sales.

Business

You might also like to view...

In addition to addressing the needs of the primary and secondary audiences, how can a researcher identify who else may use the information being researched?

A) By asking who else may be affected by this problem or decision B) By asking what audience already knows C) By determining what questions will your audience expects you to answer when you present the research D) By asking what sources the audience expects you to consult E) By asking what the audience needs to know

Business

A(n) ________ is used if the obligor does not want to deal with or render performance to an unknown third party

A) anti-assignment clause B) approval clause C) novation agreement D) anti-delegation clause

Business