Robbie Veath Brings Together Buyers and Sellers of Used Heavy

question 39

Multiple Choice

Robbie Veath brings together buyers and sellers of used heavy construction equipment, and helps them negotiate the terms of the sale. However, Robbie never actually takes title to any of the equipment himself, nor does he provide any financing for the buyer. Robbie is acting as a:

• A) channel captain.
• B) broker.
• C) wholesaler.
• D) logistics specialist.

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Definitions:

Thomas Hobbes

A 17th-century English philosopher best known for his work in political philosophy, particularly his book "Leviathan," which established the foundation for most of Western political philosophy.

Judicial Review

The power of courts to assess the constitutionality of laws and government actions and to overturn those that are found unconstitutional.

Constitution

The fundamental principles or established precedents according to which a state or other organization is governed.

Democracy

A form of government in which the highest power in the state is invested in the people and exercised directly by them or, as is generally the case in modern democracies, by their elected officials.