A(n) _____ Is an Intermediary Who Brings a Buyer and a Seller

question 7

Multiple Choice

A(n) _____ is an intermediary who brings a buyer and a seller together.

• A)licenser
• B)export broker
• C)contract manufacturer
• D)export merchant

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Definitions:

Monthly Payment

A regularly scheduled payment, typically used in the context of loans, that is made every month.

Interest

The cost of borrowing money, typically expressed as a percentage of the principal, paid by borrowers to lenders as a fee for the use of the borrowed funds.

Withdrawal Annually

The act of taking out money from an account, fund, or plan once every year, often applied in the context of retirement savings or investment accounts.

Annual Interest

The amount of interest due over the course of a year on a loan or investment, calculated as a percentage of the principal.