An Agent That Receives Goods on Consignment from Local Sellers

question 52

Multiple Choice

An agent that receives goods on consignment from local sellers and negotiates sales in large, central markets is known as a _.

• A) commission merchant
• B) sales branch agent
• C) selling agent
• D) manufacturers' agent
• E) broker-agent

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Definitions:

Explicitly

In a clear and detailed manner, leaving no room for confusion or interpretation.

Essential Information

Essential information refers to critical data or facts that are necessary for understanding a context, making decisions, or solving problems.

Communication

The process of transmitting information, ideas, feelings, or messages from one person or group to another through various means.

Communication Technology

Tools and platforms that facilitate the exchange of information and communication, such as telephones, email, and social media.