Question 54
Wholesale TradeA merchant wholesaler is one who
- A.takes title to the goods he sells
- B.does not own the goods he sells
- C.earns a commission for serving as an agent
- D.sometimes makes retail sales
- E.engages in merchandising
Show the answer and explanation
Answer: A (takes title to the goods he sells)
Explanation
A merchant wholesaler buys the goods and owns them before reselling; an agent does not.