The Two Basic Types of Merchant Wholesalers Are

question 21

Multiple Choice

The two basic types of merchant wholesalers are

• A) full-service wholesalers and limited-function wholesalers.
• B) functional wholesalers and distributive wholesalers.
• C) independent wholesalers and subsidiary wholesalers.
• D) capital wholesalers and full-value wholesalers.

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Definitions:

S Corporations

A type of corporation that meets specific Internal Revenue Code requirements, allowing profits to be passed directly to shareholders and avoid double taxation.