Intermediaries Assume Ownership of Goods While They're in the Marketing

question 12

True/False

Intermediaries assume ownership of goods while they're in the marketing channel.

---

Definitions:

Entrepreneurial Activities

Initiatives aimed at launching, developing, and managing a new business venture in the face of risk with the goal of profit-making.

Ford Took Office

refers to when Gerald Ford became the 38th President of the United States, assuming office on August 9, 1974, following the resignation of Richard Nixon.

Impeached

The process by which a high-ranking public official is charged with misconduct or crimes, leading to a trial and, potentially, removal from office.

Vice President

The second-highest executive officer in the government of the United States, or in the administrative structure of other countries, elected simultaneously with the president and ready to assume the presidency in case of death, resignation, or removal of the president.