A Feature Which Distinguishes Commercial Agents from Distributors and Nonagents

question 49

Multiple Choice

A feature which distinguishes commercial agents from distributors and nonagents is that commercial agents:

• A) generally maintain their own inventory of goods unlike distributors.
• B) are usually compensated through a straight salary when a sale is completed.
• C) always bear the financial risk of nonpayment by the purchaser.
• D) often possess the authority to contract on behalf of their principals.

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Definitions:

Germinal

A novel by Émile Zola that highlights the harsh living and working conditions of the mining community in France during the 19th century.

Embryonic

Pertaining to an embryo or the development phase of a living being immediately after fertilization, during which rapid growth and formation of primary structures occur.

Fetal

Pertaining to an unborn offspring within the womb, particularly after the major structures and organs have begun to develop.

Gestation

The period of development between fertilization and birth in viviparous organisms, often referring to human pregnancy.