The wholesaler who contracts to sell a producer's entire output with no territory limits is called a ________.
A)broker
B)manufacturer's agent
C)commission agent
D)selling agent
E)contractor

Question

Quizplus · Accepted Answer

A selling agent is a wholesaler who contracts to sell a producer's entire output without any territory limitations. A broker is a third party who connects buyers and sellers, but does not take ownership of the products being sold. A manufacturer's agent and a commission agent are similar to brokers in that they do not take ownership of the products being sold, but they may have more involvement in the sales process. Finally, a contractor is not typically involved in the sale of goods, but rather provides a service or completes a specific project.

The Wholesaler Who Contracts to Sell a Producer's Entire Output