A business entity that brings buyers and sellers together is called a(n) ____.
A) market
B) intermediary
C) partner
D) exchange

Question

Quizplus · Accepted Answer

An intermediary is a business entity that acts as a middleman between buyers and sellers, bringing them together to facilitate transactions. A market refers to the overall conditions and forces that affect buyers and sellers in a particular industry, while a partner refers to a collaborative relationship between two or more entities. An exchange refers to a marketplace where buyers and sellers come together to trade goods or services. While an exchange can be considered an intermediary, it is a more specific type of intermediary that focuses specifically on facilitating transactions through a centralized platform.

A Business Entity That Brings Buyers and Sellers Together Is