Transaction brokers act as intermediaries between buyers and sellers of goods and services.

Name: Transaction brokers act as intermediaries between buyers and sellers of goods and services.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is a true statement. Transaction brokers facilitate transactions between buyers and sellers, without taking on the role of an advocate for either party. They generally work on a commission basis and provide services such as marketing the goods or services, negotiating deals, and handling paperwork.

Transaction Brokers Act as Intermediaries Between Buyers and Sellers of Goods