Which of the Following Is True for Retailing

question 100

Multiple Choice

Which of the following is true for retailing?

• A) Manufacturers are not considered to be retailers as they are engaged in producing the product.
• B) Vending machines are considered to be retailing only if they are located within stores.
• C) Retailing deals only with goods; it does not include services.
• D) Selling from a consumer's home is direct selling, but not retailing.
• E) Wholesalers are only considered to be retailers if they are selling to final consumers.

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Definitions:

Common Stock

Equity ownership in a corporation, with holders having a claim on the company’s profits in the form of dividends and voting rights in corporate governance.

No Par Value

Refers to shares issued without a stated face value, with their selling price determined by the issuing company.

Stated Value

A value that is assigned to no-par value stock by the company’s board of directors, which becomes the legal capital per share of the stock.

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.