A _____ is an agent wholesaling intermediary that represents manufacturers of related but noncompeting products and receives a commission on each sale.

Question

Quizplus · Accepted Answer

A manufacturers' agent is a wholesaling intermediary that represents manufacturers of related but noncompeting products and receives a commission on each sale. This type of agent is also known as a manufacturer's representative or sales agent. Option A, manufacturers' merchant, refers to an intermediary that buys and takes ownership of a manufacturer's goods to sell to retailers or other businesses. Option B, selling agent, is a more general term that can refer to any intermediary involved in selling products, including manufacturers' agents. Option D, clearing agent, is an intermediary involved in facilitating the transaction between the buyer and seller, but does not typically represent the manufacturer.

A _____ Is an Agent Wholesaling Intermediary That Represents Manufacturers