Indirect Exporting Occurs When a Company Sells Its Products to Intermediaries

question 95

True/False

Indirect exporting occurs when a company sells its products to intermediaries who then resell to buyers in a target market.

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Definitions:

Fungible Goods

Items or goods that are interchangeable with others of the same type, quality, and quantity.

Gross Negligence

A lack of care that demonstrates a reckless disregard for the safety or lives of others, significantly beyond ordinary negligence.

Bailment

The temporary placement of control or possession of personal property into someone else's hands, for a specific purpose, with the expectation of its return.

Legal Owner

The individual or entity that holds valid title to property or assets, recognized by law.