An intermediary that purchases goods in large quantities, takes title to the merchandise, and then sells it to retailers or business users is called a commission brocker.

Question

Quizplus · Accepted Answer

The intermediary described is actually a wholesaler. A commission broker acts as an agent for buyers or sellers and earns a commission on the transactions they facilitate, but usually does not take ownership of the goods.

An Intermediary That Purchases Goods in Large Quantities, Takes Title