Martin owns and operates a wholesale hardware business that supplies small hardware parts to various manufacturers in the area. He takes title to the hardware and assumes all risks associated with ownership. Martin is a

Question

Quizplus · Accepted Answer

Martin is taking title to the hardware and assuming all the risks associated with ownership, thus he is a merchant wholesaler. A rack jobber only provides fixtures and display arrangements in stores, a wholesaler agent acts as a middleman between the supplier and the retailer, a drop shipper delivers the product directly from the manufacturer to the consumer, and a sales branch is a location owned by the manufacturer that sells directly to the customers.

Martin Owns and Operates a Wholesale Hardware Business That Supplies