Which of the following describes a business unit that negotiates purchases or sales but does not take title to the goods?

Question

Quizplus · Accepted Answer

An agent negotiates purchases or sales on behalf of another entity but does not take title to the goods. A retailer purchases goods from manufacturers or wholesalers and sells them directly to consumers. A merchant middleman takes title to goods and resells them to retailers or other middlemen. A wholesaler purchases goods in large quantities from manufacturers and resells them to retailers or other middlemen.

Which of the Following Describes a Business Unit That Negotiates