Which of the Following Is a Major Advantage of Using

question 18

Multiple Choice

Which of the following is a major advantage of using agents and brokers?

• A)Wider distribution of products is possible.
• B)It is easy to have control over agents and brokers.
• C)Brokers can be more trustworthy than franchises.
• D)Agents and brokers are not well informed about the local markets.

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Definitions:

Limited Liability Company

An organizational form blending a corporation's limited liability feature with the pass-through tax benefits of a partnership or sole proprietorship.

Manager Liability

The responsibility and potential legal accountability of managers for actions taken within the scope of their managerial roles.

Limited Liability Company

A corporate structure that integrates the limited liability characteristic of a corporation with the tax-pass-through trait of sole proprietorships or partnerships.

Aggregate

A total or sum made from individual parts.