A Middleman That Buys from Producers or Other Middlemen and Sells

question 179

Multiple Choice

A middleman that buys from producers or other middlemen and sells to consumers is called a(n)

• A) retailer.
• B) wholesaler.
• C) jobber.
• D) broker.
• E) agent.

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Definitions:

Transferred

The act of moving or being moved from one place, position, person, or organization to another.

Gramm-Leach-Bliley Act

A U.S. federal law that requires financial institutions to explain how they share and protect their customers' private information, aiming to safeguard consumer financial privacy.

Privacy Protections

Regulations and practices designed to safeguard individuals' personal information from unauthorized access and misuse.

Multiple Forgeries

The act of committing forgery across numerous instances or on several objects, intensifying the severity of the fraud.