Drop Shippers

question 324

Multiple Choice

Drop shippers

• A)own the merchandise they sell but do not physically handle,stock,or deliver it.
• B)perform all channel functions,and sell on consignment to retailers.
• C)take title to merchandise but sell only to buyers who call on them,pay cash for merchandise,and furnish their own transportation for merchandise.
• D)have a small warehouse from which they stock their trucks for distribution to retailers.
• E)work for several producers and carry noncompetitive,complementary merchandise in an exclusive territory.

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Definitions:

Ephemeral

Lasting for a very short time; transient.

Real Property

Land and any permanent structures attached to it, such as houses, buildings, and other fixtures, recognized as legal property.

Intellectual Property Rights

Legal rights granted to creators and inventors to protect their creations and inventions from unauthorized use by others.

Personal Property

Items of ownership that are movable and not permanently attached to or part of real estate; includes tangible items like furniture and intangible rights.