Commission merchants typically deal in agricultural products, selling the goods entrusted to them at the best possible prices they can, then deducting their fees from the sale proceeds.

Question

Quizplus · Accepted Answer

Commission merchants act as intermediaries between the producers of agricultural products and the market. They sell the products on behalf of the producers, aiming to achieve the best possible prices, and then deduct their commission fees from the sales proceeds before passing the remainder back to the producers.

Commission Merchants Typically Deal in Agricultural Products, Selling the Goods