A Business Buys Candy and Gum from Many Different Manufacturers

question 29

Multiple Choice

A business buys candy and gum from many different manufacturers and then resells the items to a variety of different stores.The business is an example of a(n) .

• A)independent intermediary
• B)reverse marketer
• C)disintermediator
• D)manufacturer- owned intermediary
• E)brokerage company

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Definitions:

Commercial Reasonableness

A legal standard that measures the fairness of business practices, actions, or decisions in a commercial context.

Subjective Standard

A benchmark for judgment based on personal opinions, feelings, or tastes, rather than external facts.

Good Faith

An intention to act with honesty, fairness, and integrity in dealings, without seeking to deceive or defraud.

Manifest Agreement

Manifest Agreement refers to a clearly expressed or demonstrated mutual understanding or contract between parties, often requiring no further evidence to prove its existence.