Figure 15-2
-Intermediaries perform three basic functions. In Figure 15-2 above, B represents ________ function.

Name: Figure 15-2 -Intermediaries perform three basic functions. In Figure 15-2 above, B represents ________ function.
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Question

Quizplus · Accepted Answer

A facilitating function involves providing services that support the transaction process, such as financing, risk management, and information services. In Figure 15-2, B represents a facilitating function because it provides financing to the buyer.

Figure 15-2 -Intermediaries Perform Three Basic Functions. in Figure 15-2 Above, B