O&S Ticket Brokers,a Broadway theater ticket agency,sells tickets in bulk to corporate clients.It would be considered a wholesaling intermediary even though the firm does not take title to the tickets it sells.

Question

Quizplus · Accepted Answer

The key factor in determining whether a firm is a wholesaling intermediary is its role in facilitating the transfer of goods or services from manufacturers or producers to customers. O&S Ticket Brokers serves as an intermediary by purchasing tickets in bulk from Broadway theaters and reselling them to corporate clients, even though it may not take title to the tickets.

O&S Ticket Brokers,a Broadway Theater Ticket Agency,sells Tickets in Bulk