Jacob Kendler works in the wholesale business for specific types of industrial goods needed in the automobile industry.Jacob's job involves locating and contacting potential buyers and sellers and facilitating the negotiation process.Which of the following,if true,would strengthen the argument that Jacob works as an agent,and not a merchant wholesaler?
A) Jacob runs an independently owned business.
B) Jacob is an employee of an organization producing automobiles.
C) Jacob represents his company but is not liable for any damage or low-quality goods.
D) Jacob works in a highly specialized market and does not venture into other product categories.
E) Jacob provides a full set of services ranging from locating sellers to delivering goods.
Correct Answer:
Verified
Q54: A _ brings buyers and sellers together
Q55: Purchasing officers differ from purchasing agents in
Q57: Jacob Kendler works in the wholesale business
Q58: _ represent buyers or sellers on a
Q60: _ are the largest group of wholesalers
Q61: Off-price retailers buy at less-than-regular wholesale prices
Q62: Venns is a chain of department stores
Q64: Which of the following channel functions of
Q64: Today's large and progressive wholesalers have successfully
Q128: In a retailer cooperative,independent retailers contract with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents