Which of the Following Would Be the Best Example of a Broker

question 304

Multiple Choice

Which of the following would be the best example of a broker?

• A) Woody's Lumber Supply does not actually store, handle, or deliver lumber, but rather solicits orders from retail hardware and home improvement stores, takes title to the lumber, then arranges for it to be shipped directly from sawmills to the retail stores.
• B) Dennis McGowan helps buyers and sellers of used heavy construction equipment negotiate the terms and conditions of their transactions, but does not actually take title to any of the equipment, nor does he develop long-term relationships with the buyers or sellers.
• C) Chipper Sheid is not an employee of Tee Time Golf Clubs, but he solicits sales for their products at golf and sporting goods stores in a fairly large sales territory.
• D) Hal Harrison is employed by a vacuum cleaner company, and goes door-to-door selling products produced by his company.

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Definitions:

Prescriptive Headings

Headings that suggest specific actions or guidelines to follow, often used in instructional or policy documents.

Statement of Purpose

A written document that outlines an individual's intentions, goals, and reasons for applying to a program, job, or organization.

Formal Work Plan

A detailed document that outlines the tasks, timelines, resources, and goals of a project or initiative.

Scope of Investigation

The extent or range of the area or subject matter that something deals with or to which it is relevant.