Selling on Consignment to Retailers, Which Means They Retain the Title

question 226

Multiple Choice

Selling on consignment to retailers, which means they retain the title to the products displayed and bill retailers only for the merchandise sold, is characteristic of which limited-service wholesaler?

• A) truck jobbers
• B) transport vendors
• C) rack jobbers
• D) cash and carry wholesalers
• E) drop shippers

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Definitions:

Absolute Terms

Describes quantities or conditions that are not relative or comparative, standing independently on their own.

Relative Terms

Concepts or measurements that are dependent on or compared to another variable or context.

Prevalent

Widespread in a particular area at a certain time; commonly occurring or generally accepted.

Age 65

Commonly recognized as the traditional retirement age in many cultures and the eligibility age for senior benefits in some welfare systems.