Agents and brokers perform wholesaling activities without taking title to the goods.

Name: Agents and brokers perform wholesaling activities without taking title to the goods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Agents and brokers act as intermediaries between buyers and sellers, facilitating the transaction without taking ownership or title to the goods being traded. They earn a commission or fee for their services. This is a common practice in many industries including real estate, insurance, and commodities trading.

Agents and Brokers Perform Wholesaling Activities Without Taking Title to the Goods