In contrast to merchant wholesalers, agents and brokers do not actually buy or acquire ownership of the goods they buy and sell.
The Corrcet answer is C. wholesalers.
What do merchant wholesalers do?
- Branches of the Merchant Wholesalers in the durable goods industry supply other companies with capital or durable items.
- In general, merchant wholesalers take ownership to the products they offer, meaning they buy and sell products on their own behalf.
- In order to distribute goods at a wholesale level, wholesale trade agents and brokers act on behalf of buyers and sellers.
- Instead of taking title to the products they are selling, they make money by charging commissions and fees for their services.
- Agents normally represent either the buyer or seller on a permanent basis; brokers bring parties together temporarily.
- Instead, brokers bring buyers and sellers together and negotiate the parameters of the transaction.
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