A Unique Broker That Acts in Many Ways Like a Manufacturer's

question 24

Multiple Choice

A unique broker that acts in many ways like a manufacturer's agent is a food broker, representing buyers and sellers in the grocery industry. Food brokers differ from conventional brokers because they act on behalf of producers on a permanent basis and

• A) receive a commission for their services.
• B) are paid a flat fee for each time the shelves are stocked.
• C) are paid by both the buyer and seller separately depending upon the size of the order.
• D) are paid a commission by the buyer and a bonus by the seller.
• E) are paid a flat fee by both the buyer and seller, but receive a bonus based upon the percentage of increased sales by quarter.

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Definitions:

Broca's Area

An area located in the dominant hemisphere's frontal lobe of the brain, associated with the production of speech.

Wernicke's Area

A region of the brain that is important for language development and comprehension, located in the posterior section of the superior temporal gyrus of the dominant cerebral hemisphere.

Brain Damage

Injury or destruction of brain cells that impairs brain function, possibly resulting from trauma, disease, or other health conditions.

Prefrontal Cortex

The front part of the frontal lobes of the brain, crucial for complex cognitive behavior, personality expression, decision making, and moderating social behaviour.