Channel Intermediaries

question 14

Multiple Choice

Channel intermediaries:

• A)assume temporary ownership of the goods.
• B)tend to lack focus.
• C)fill niches.
• D)tend to disappear as the market becomes organized.

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Definitions:

Court Action

Legal proceedings initiated in a court of law where a plaintiff brings a lawsuit against a defendant.

Repossessed

The act of a lender taking back an object, typically a vehicle or property, from the borrower due to failure to make the agreed-upon payments.

Legal Processes

Formal procedures and practices followed in the administration of justice, including litigation and judicial decisions.

Financing Statement

A document filed to give public notice to third parties of a security interest in personal property.