Agents are marketing intermediaries who take title to the goods they distribute and provide credit to customers who need it.

Question

Quizplus · Accepted Answer

Agents do not take title to the goods they distribute, but rather act as middlemen between the producer and the customer. They may provide credit to customers, but this is not a defining characteristic of their role. A better definition of agents is that they facilitate the sale and distribution of goods without taking ownership or possession of them.

Agents Are Marketing Intermediaries Who Take Title to the Goods