Industrial Distributor Refers to

question 86

Multiple Choice

industrial distributor refers to

• A) an intermediary that performs a variety of marketing channel functions involving selling, stocking, delivering a full product assortment, and financing.
• B) an intermediary that maintains its own salesforce and performs all channel functions.
• C) an intermediary that deals exclusively with the selling, stocking, and delivery of raw materials used by manufacturers in the production of its products.
• D) an intermediary that deals with a single product line within a single industry.
• E) an intermediary that performs functions involving selling, stocking, and delivery of industrial goods but is unable to provide financing due to the normally large expenditures.

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Definitions:

Main Purpose Construction Rule

A legal principle that allows for the enforcement of verbal contracts related to the main purpose of a transaction.

Equal Dignities Rule

A legal doctrine stating that if a contract must be in writing, then any appointed agent to sign the contract must also be designated in writing.

Click-On Agreement

A form of contract agreement obtained by clicking a button or checking a box online that indicates acceptance of the online terms and conditions.

Electronic Shopping Cart

A feature of online stores that allows users to select and accumulate items they wish to purchase virtually before proceeding to checkout.