A Business Entity That Brings Buyers and Sellers Together Is

question 3

Multiple Choice

A business entity that brings buyers and sellers together is called a(n) ____.

• A) market
• B) intermediary
• C) partner
• D) exchange

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Definitions:

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money.

Revenue Recognition

Refers to the criteria or guidelines used by a company to recognize revenue in its financial statements, ensuring revenue is recorded when earned.

Criterion

A principle or standard by which something may be judged or decided.

Farming

The practice of cultivating land, raising crops, and/or keeping animals to produce food and other agricultural products.