A Direct Channel Is When

question 336

Multiple Choice

A direct channel is when

• A)producers and end-users deal with each other on a one-on-one basis.
• B)the producer and consumer and perform numerous channel functions.
• C)a firm reaches different buyers by employing two or more different types of channels for the same basic product.
• D)an intermediary sells to other intermediaries,usually to retailers in consumer markets.
• E)an agent or broker brings ultimate consumers to manufacturers.

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Definitions:

Shelter Principle

A legal concept in property law that allows a person who purchases goods from a non-owner to acquire valid title under certain conditions, provided the seller had derivative authority to sell.

Holder-In-Due-Course Doctrine

A principle in commercial law that protects a purchaser of a negotiable instrument who takes it for value, in good faith, and without notice of any defect.

Financial Transactions

The exchange of assets between parties, often involving money, securities, or other forms of financial instruments.

Ethnocentrism

The act of judging another culture solely by the values and standards of one's own culture.