Transactional Channel Functions Include All of the Following Activities EXCEPT

question 158

Multiple Choice

Transactional channel functions include all of the following activities EXCEPT which one?

• A) promoting the products to be sold
• B) physical distribution and sorting
• C) taking the risks associated with product inventories
• D) contacting buyers

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Definitions:

Common Stock

Equity ownership in a corporation, giving shareholders voting rights and a share of the company's profits through dividends.

Cumulative Nonparticipating Preferred Stock

A type of preferred stock that accumulates unpaid dividends but does not have a right to share in the company's earnings beyond the agreed rate.

Cash Dividends

Payments made by a company to its shareholders out of the company's profits in the form of cash.

Fair Market Value

It's the price at which an asset would change hands between a willing buyer and a willing seller, each having reasonable knowledge of all necessary facts.