A Functional Middleman Who Does Not Take Title to Products

question 128

Multiple Choice

A functional middleman who does not take title to products and who is compensated by commissions paid by producers is called a(n)

• A) retailer.
• B) wholesaler.
• C) jobber.
• D) agent.
• E) limited-line wholesaler.

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Definitions:

Land Owners

Individuals or entities that hold legal title to a piece of land, granting them rights to its use, benefits, and disposal.

Industry Employment

Employment within the industrial sector, which includes manufacturing, construction, and mining activities, often characterized by the production of goods.

American West

A region of the United States west of the Mississippi River, historically known for its frontier culture, exploration, and expansion during the 19th century.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s to help recover from the Great Depression.