RHKurt & Son,Inc

question 47

Multiple Choice

R.H.Kurt & Son,Inc. ,distributes rifles for both hunting and target shooting,rifle barrels,triggers,cleaning equipment,and reloading equipment to sporting equipment retailers and many large discount stores.It carries products from 41 different manufacturers.The manufacturers whose products it carries are known for producing superior products and are leaders in their industries.In addition,Kurt is able to repair damaged rifles through its gunsmith service,which is available to all of its retailers.
-Refer to R.H.Kurt.When Kurt solicits an order from a sporting goods store,it engages in a _____ function.

• A) logistical
• B) functional
• C) facilitating
• D) customerized
• E) transactional

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Definitions:

Principal

The original sum of money invested or loaned, before interest.

Agents

Individuals or entities authorized to act on behalf of another, typically in business transactions.

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another, the principal, in business transactions with third parties.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, retaining control over how the work is completed.