A Trading Company

question 147

Multiple Choice

A trading company

• A) is involved in manufacturing.
• B) owns assets related to manufacturing.
• C) does not take title to products.
• D) provides a link between buyers and sellers in different countries.
• E) does not perform activities necessary to move the products.

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Definitions:

Electronic Checks

Electronic checks, or e-checks, are a form of digital payment where money is electronically withdrawn from the payer's checking account, transferred over the ACH network, and deposited into the payee's account.

B2B

Business-to-Business, describing transactions or relationships between two companies, as opposed to between a company and individual consumers.

B2C

Business to Consumer, a sales model in which businesses sell products or services directly to consumers.

C2C

Consumer to Consumer, a business model that facilitates transactions between individuals, typically through an online platform.