An agent who takes tittle to goods and has authority to buy and sell on behalf of another is?
a jobber
a broker
a factor
an auctioneer
Correct answer is C
A factor is a type of trader who receives and sells goods on commission, called factorage. He transacts business in his own name and without disclosing his principal.
demographic evironment
economic evironment
cultural environment
natural environment
Correct answer is A
The demographic aspect of a business is concerned with the characteristics of the population in a specific area and includes multiple factors like age, race, income, etc.
Consumers require protection against exploitation to ensure?
adequate consumer awareness
availability of products variety
the sale of quality products
increased aggregate demand
Correct answer is C
No explanation has been provided for this answer.
providing services for other countries
specialization and the exchange of goods in a country
buying and selling within a country
the exchange of goods and services between firms
Correct answer is A
No explanation has been provided for this answer.
The role of a wholesaler in the channel of distribution is to?
produce goods in large quantities and sell in small quantities
buy goods directly from the manufacturers
buy goods in large quantities and sell in small quantities
sell goods directly to the consumers
Correct answer is C
No explanation has been provided for this answer.