Monfax Corporation insures manufacturers, distributors, and consumers against the loss or damage of goods during transportation after a purchase or sale. In this case, Monfax is an example of a _ .

Question

Quizplus · Accepted Answer

Monfax Corporation is a financial intermediary because it provides insurance services, which are financial services, to protect against loss or damage during transportation.

Monfax Corporation Insures Manufacturers, Distributors, and Consumers Against the Loss