Wholesalers That Take Title to Merchandise but Sell Only to Buyers

question 157

Multiple Choice

Wholesalers that take title to merchandise but sell only to buyers that call on them, pay for and move/take away the merchandise themselves are referred to as

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

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Definitions:

Reward For Application

A principle in psychology and behavioral science that suggests positive outcomes or rewards following the application of a specific behavior or skill encourage repeat behavior.

Belief

A state of mind in which trust or confidence is placed in some proposition or entity without absolute empirical evidence.

Positive Results

Outcomes of an experiment or study that confirm the hypothesis or expectations set forth by the researchers, often indicating a successful intervention or finding.

Social Axioms

Generalized beliefs or propositions that are held to be true within a social context, guiding behaviors and interpretations of social phenomena.