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JAMB Commerce 2005 Question 34

Question 34

Wholesale Trade

Which of the middlemen in the channel of distribution has title to the goods he distributes?

  1. A.The merchant wholesaler
  2. B.The agent
  3. C.the limited wholesaler
  4. D.The retailer
Show the answer and explanation

Answer: A (The merchant wholesaler)

Explanation

A merchant wholesaler buys the goods and so owns them; an agent only arranges sales for a commission.