A(n) ________ Is One Type of Marketing Intermediary That Brings

question 122

Multiple Choice

A(n) ________ is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange, but does not take title to the goods.

• A) agent
• B) retailer
• C) drop shipper
• D) merchant wholesaler

---

Definitions:

Fair Value Hedge

A risk management strategy that uses financial instruments to mitigate the risk of changes in the fair value of an asset or liability.

Mexican Pesos

The currency of Mexico, abbreviated as MXN.

Foreign Exchange Gain

A profit arising from the increase in value of one currency against another in which a company holds assets or liabilities.

Non-Interest-Bearing Note

A financial instrument that does not accrue interest over its life, promising to pay the principal amount at maturity.