Brokers and agents usually take title to goods and perform various functions for retailers.

Name: Brokers and agents usually take title to goods and perform various functions for retailers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Brokers and agents act as intermediaries between manufacturers and retailers, but they do not take title to goods. They facilitate the sale of products and earn a commission or fee for their services. Retailers purchase goods from manufacturers or wholesalers and take title to them.

Brokers and Agents Usually Take Title to Goods and Perform