Which of the Following Activities Would Drop Shippers Be Most

question 36

Multiple Choice

Which of the following activities would drop shippers be most likely to perform?

• A) provide delivery services from a wholesaler's warehouse to a retailer's store
• B) solicit orders from a retailer and arrange for the producer to make the deliveries
• C) manage a large stock of items in a single product category, and make large volume shipments to other intermediaries using rail or truck
• D) provide brokerage services by helping other wholesalers negotiate deals

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Definitions:

Agency Relationship

A legal bond where one party, the agent, acts on behalf of another, the principal, in dealings with third parties.

Financial Year End

Financial year end is the completion of a one-year, or 12-month, accounting period; the date when companies must finalize their financial statements and report their financial performance.

Reasonable Period

A span of time that is considered fair and appropriate in a given context, especially in legal and contractual situations.

Duty To Obey

A legal or moral obligation to follow the laws or commands of a given authority.