Wholesalers sell only business-to-business products, while retailers sell primarily consumer products
Indicate whether the statement is true or false
FALSE
Explanation: Wholesalers sell primarily business-to-business products. Wholesalers are intermediaries who buy and resell products to other wholesalers, to retailers, and to industrial users. Retailers only sell consumer products to final consumers.
Business
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In property insurance, you can purchase insurance based on the expectation of an insurable interest.
a. true b. false
Business
On expiration of a lease, a tenant who remains in possession of a property without an agreement or acceptance of rent by the landlord for the extended occupancy becomes a:
a. holdover tenant. b. equity purchaser. c. subtenant. d. successor tenant.
Business