A Functional Middleman Who Does Not Take Title to Products

question 128

Multiple Choice

A functional middleman who does not take title to products and who is compensated by commissions paid by producers is called a(n)

• A) retailer.
• B) wholesaler.
• C) jobber.
• D) agent.
• E) limited-line wholesaler.

---

Definitions:

Pollution

is the presence or introduction into the environment of substances or things that have harmful or poisonous effects.

Savings & Loan Scandal

A financial scandal involving the collapse of numerous savings and loan associations in the late 1980s and early 1990s, primarily due to risky business practices and regulatory failures.

White-collar Criminals

Individuals who commit crime related to their occupation, often involving fraud, embezzlement, or corruption, typically without direct physical force.

Embezzlers

Individuals who fraudulently appropriate funds or property entrusted to their care for their own use.