A wholesaler is an intermediary that takes title to the goods it handles and then distributes these goods to retailers, other distributors, or sometimes end consumers.

Question

Quizplus · Accepted Answer

A wholesaler is indeed an intermediary in the distribution channel that purchases goods in large quantities from manufacturers, takes legal ownership (title) of those goods, and then sells them to retailers, other wholesalers, or sometimes directly to consumers, typically not being involved in the actual production of the goods.

A Wholesaler Is an Intermediary That Takes Title to the Goods