When wholesalers take title to merchandise and bear the costs of theft, damage, spoilage, and obsolescence, they are providing ________ to retailers.
A)management service
B)risk bearing service
C)warehousing
D)financing

Question

Quizplus · Accepted Answer

Wholesalers take the risk of damage, theft, spoilage, and obsolescence of the merchandise, which is known as a risk-bearing service. It ensures that the retailers get the products in good condition and helps in lowering the risk for the retailer.

When Wholesalers Take Title to Merchandise and Bear the Costs