Which of the Following Is True of Brokers

question 142

Multiple Choice

Which of the following is true of brokers?

• A) Brokers represent buyers or sellers on a semipermanent basis.
• B) Most brokers are small businesses with a few skilled salespeople.
• C) Brokers bring buyers and sellers together and assist in negotiation.
• D) Selling brokers have contractual authority to sell a manufacturer's entire output.
• E) Purchasing brokers make purchases for buyers and often receive, inspect, warehouse, and ship merchandise.

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Definitions:

Work Experience

A record of employment history, highlighting roles held, responsibilities, skills acquired, and achievements.

Leadership and Teamwork

The skills and attributes necessary to guide groups towards achieving a common goal effectively and harmoniously.

Achievements

Accomplishments or successful completion of tasks, often recognized in professional or personal contexts.

Accomplished

Having successfully completed or achieved a task, goal, or action, usually through skill or effort.