________ Wholesalers Are Independently Owned and Take Title to the Goods

question 114

Multiple Choice

________ wholesalers are independently owned and take title to the goods they handle.

• A) Full service broker
• B) Merchant
• C) Agent
• D) Primary

---

Definitions:

Corporate Reorganization

The process by which a company significantly changes its structure, operations, or strategy, often to improve efficiency, competitiveness, or performance.

Notice Period

The time frame that must pass between notifying one party of a contract's termination and the actual end of the contract.

Corporate Reorganization

The process of restructuring a company's business, legal, ownership, or operational structures, often to be more profitable or better organized.

Annual Salary

An annual salary is a fixed amount of money paid to an employee by an employer in return for work performed, calculated on a yearly basis.