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A broker _____

Question:

A broker _____

Choices:

  • provides the entire range of wholesaler functions including delivering goods, supplying warehousing, arranging for credit, supporting promotional activities, and providing general customer assistance
  • is an intermediary that expedites exchanges, represents a buyer or a seller, and often is hired permanently on a commission basis
  • carries a select group of products within a single line
  • is an intermediary that specializes in a particular commodity, represents either a buyer or a seller, and is likely to be hired on a temporary basis

Answer:

is an intermediary that expedites exchanges, represents a buyer or a seller, and often is hired permanently on a commission basis
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