Newton Coal Supply Takes Possession of Coal from the Local

question 37

Multiple Choice

Newton Coal Supply takes possession of coal from the local mining companies. However, it does not store a single ounce of coal on its premises. Instead, it simply arranges for the coal to be shipped directly from the mining company to its customers. This type of arrangement suggests that Newton Coal Supply is a _____.

• A)drop shipper
• B)full-service merchant
• C)cash and carry wholesaler
• D)truck jobber