Which Type of Sale Occurs When One Consumer Sells a Product

question 49

Multiple Choice

Which type of sale occurs when one consumer sells a product directly to another with or without the assistance of a commercial intermediary?

• A) direct-to-consumer sale
• B) consumer-to-consumer sale
• C) personal sale
• D) private sale
• E) direct marketing

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Definitions:

Simple Annualized

A calculation estimating yearly returns by extrapolating non-annual data without accounting for compounding effects.

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a specified period, accounting for both income and capital gains.

Nominal Rate

The stated interest rate of a financial product, not accounting for inflation or compounding effects.

Compounded Quarterly

Refers to the method of applying interest to an existing principal amount and any accrued interest every quarter or three months.