Which of the following statements is correct?
A) Agents are intermediaries engaged on a short term or one-off basis to represent buyers or sellers in negotiations.
B) Brokers are intermediaries engaged on a long term basis to represent buyers or sellers in negotiations.
C) Brokers are intermediaries engaged on a short term or one-off basis to represent buyers or sellers in negotiations.
D) Both a and b.
E) None of the options listed.

Question

Quizplus · Accepted Answer

explain the role of agents and brokers in the distribution channel. Brokers are engaged on a short-term or one-off basis to negotiate on behalf of buyers or sellers. Real estate salespeople, insurance brokers, mortgage brokers and stockbrokers are among the best-known examples.

Which of the Following Statements Is Correct