Intermediaries That Work for Several Producers and Carry Noncompetitive, Complementary

question 63

Multiple Choice

Intermediaries that work for several producers and carry noncompetitive, complementary merchandise in an exclusive territory are referred to as

• A) selling agents.
• B) line brokers.
• C) distribution brokers.
• D) manufacturers' agents.
• E) brokers.

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Definitions:

Code Remedies

Legal solutions or measures provided within a codified set of laws for the enforcement or redress of rights.

Breach of Contract

The failure to perform as specified in a contract without a legitimate legal excuse, which allows the other party to seek damages.

Sales Commissions

Payments made to salespersons for facilitating or completing sales, typically calculated as a percentage of the sale price.

Shipping Costs

Expenses associated with transporting goods from one location to another, often included in the price of purchased items or paid separately by the buyer.