Which of the Following Statements Provides the Most Accurate Distinction

question 297

Multiple Choice

Which of the following statements provides the most accurate distinction between an agent and a broker? Agents:

• A) represent final buyers while brokers represent marketing intermediaries.
• B) represent one manufacturer in a large sales area, while brokers represent several different manufacturers in a smaller area.
• C) develop a long-term relationship with the people they represent, while brokers are usually hired on a temporary basis.
• D) take title to the goods they help distribute, while brokers never assume ownership of the products they distribute.

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Definitions:

Hiring Decision

The determination made by an employer regarding the selection of a candidate for a job position.

Potentially Illegal

Describes actions or activities that could violate laws or regulations, subject to further investigation or interpretation.

Arrested

The act of being detained by law enforcement authorities due to suspicion of having committed a crime.

Appearance

The way in which something or someone looks, which might include aspects of layout, design, or physical presentation.