Which of the Following Is a Characteristic of Agent Wholesalers

question 69

Multiple Choice

Which of the following is a characteristic of agent wholesalers?

• A) They are more common in domestic trade than in international trade.
• B) They operate at relatively high costs.
• C) They own the products they sell.
• D) They normally specialize by customer type and by product or product line.
• E) None of these is a characteristic of agent wholesalers.

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Definitions:

Good-faith Effort

An honest intention to fulfill one's obligations or duties in a contractual context.

Puffing

Exaggerated or superlative comments or claims about a product that are subjective and not legally binding.

Generality

A statement, principle, or idea that applies broadly rather than specific details or instances.

Exaggerations

Statements that stretch the truth or facts beyond their actual reality.