Which of the Following Is True of Cash-And-Carry Wholesalers

question 59

Multiple Choice

Which of the following is true of cash-and-carry wholesalers?

• A)They undertake delivery of the product from manufacturer to consumer.
• B)They offer a greater variety of services than retailers and dealers.
• C)They do not offer credit facilities to customers.
• D)They do not take title to the manufacturer's products.
• E)They are full-function wholesalers.

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Definitions:

Private Property

Property owned by individuals or corporations rather than by the government or the public.

Individual

A single human being as distinct from a group, class, or family.

Corporation

A legal entity that is separate from its owners, providing them with limited liability and the ability to raise capital by issuing shares.

Intangible Property

Assets that do not have a physical presence but hold value, such as copyrights, patents, trademarks, and goodwill.