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Which of the Following Statements Is True

question 399

Multiple Choice

Which of the following statements is true?


Definitions:

Retailer

A business or entity that sells goods or commodities directly to consumers, usually in small quantities and from a fixed location, storefront, or online platform.

Ultimate Consumer

The final purchaser of a product or service who does not intend to resell it but uses it for personal use or consumption.

Distributor

An entity that buys non-competing products or product lines, warehouses them, and resells them to retailers or direct to the end users or customers.

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