Drop Shippers Do All of the Following EXCEPT Which One

question 32

Multiple Choice

Drop shippers do all of the following EXCEPT which one?

• A)bill retailers and industry buyers
• B)take title to the merchandise
• C)assume the same risks as other types of limited- service merchant wholesalers
• D)take actual possession of the merchandise
• E)take orders from retailers and industry buyers

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Definitions:

ESOPs

Employee Stock Ownership Plans, which are programs that provide employees with ownership interest in the company.

Pride of Ownership

A sense of satisfaction and accomplishment that individuals feel from owning or being responsible for a particular task or asset.

ESOPs

Acronym for Employee Stock Ownership Plan, a program that gives employees ownership interest in the company through stock ownership, often as an employee benefit.

Pay Back

Refers to returning or compensating someone for something, often used in the context of investments, loans, or when rectifying a mistake.