Which of the Following Statements BEST DESCRIBES the Key Difference

question 269

Multiple Choice

Which of the following statements BEST DESCRIBES the key difference between merchant wholesalers and agents and brokers?

• A)Merchant wholesalers don't perform all channel functions whereas agents and brokers do.
• B)Agents and brokers only deal with consumer channels.
• C)Agents and brokers make their profits based on the sales of merchandise they own,while merchant wholesalers make profits based on fees paid for their services.
• D)Merchant wholesalers take title to merchandise whereas agents and brokers do not.
• E)Agents and brokers take title to merchandise whereas merchant wholesalers do not.

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Definitions:

Profit-Maximizers

Businesses or individuals that aim to achieve the highest possible profit from their operations.

Discrimination

The unfair or prejudicial treatment of individuals based on personal characteristics, such as race, gender, or age.

Auto Repair

The act of fixing or servicing vehicles to ensure they operate correctly, often performed by mechanics in garages or workshops.

Employer Discrimination

The unfair treatment of employees or job applicants based on personal characteristics, such as race, age, or gender, rather than job qualifications.