An intermediary who ________ legally owns the goods being handled.

Question

Quizplus · Accepted Answer

Taking title refers to the legal ownership of goods, which an intermediary may do in order to facilitate a transaction or in the case of a wholesaler purchasing goods from a manufacturer. Breaking bulk refers to the process of dividing a large shipment into smaller units for distribution, creating assortments involves selecting and grouping goods for sale, taking consignments involves receiving goods for sale on behalf of a consignor, and selectively distributing refers to targeting specific markets or customers with a product.

An Intermediary Who ________ Legally Owns the Goods Being Handled