Regarding Wholesalers, Which of the Following Descriptions Is TRUE

question 367

Multiple Choice

Regarding wholesalers, which of the following descriptions is TRUE?

• A) MANUFACTURERS' AGENT: does not own the products, usually carries stocks, represents several competing manufacturers within a geographic area.
• B) MERCHANT WHOLESALER: does not take title to products, takes possession, provides full service, and usually handles a broad variety of products.
• C) BROKER: does not own the products, does not take possession, major function is selling, and does not anticipate customer needs.
• D) SELLING AGENT: does not own the products, does the whole marketing job nationally, and may handle competing lines.
• E) All of these descriptions of different wholesalers are TRUE.

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