An Agent That Receives Goods on Consignment from Local Sellers

question 55

Multiple Choice

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

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

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Definitions:

Referral Bonus

A financial reward given to an employee for recommending a candidate who is then successfully hired.

Employment Offer

A formal proposal of employment provided by an employer to a potential employee, specifying details such as position, salary, and conditions.

Carpool

An arrangement where several individuals travel together in one vehicle, especially to work or school, to save costs and reduce traffic congestion.

Tax Rates

The percentage at which an individual or corporation is taxed.