A unique broker that acts in many ways like a manufacturer's agent is a food broker, representing buyers and sellers in the grocery industry. Food brokers differ from conventional brokers because they act on behalf of producers on a permanent basis and
A) receive a commission for their services.
B) are paid a flat fee for each time the shelves are stocked.
C) are paid by both the buyer and seller separately depending upon the size of the order.
D) are paid a commission by the buyer and a bonus by the seller.
E) are paid a flat fee by both the buyer and seller, but receive a bonus based upon the percentage of increased sales by quarter.

Question

Quizplus · Accepted Answer

Food brokers typically receive a commission for their services, similar to other types of brokers, but they work on a more permanent basis with producers.

A Unique Broker That Acts in Many Ways Like a Manufacturer's