Commerce (SS1)

A merchant wholesaler is one who

• Takes title to the goods he sells

• Does not own the goods he sells

• Earns commission for serving as an agent

• Sometimes makes retail sales

Which of the following is a service the wholesaler renders to the retailer?

• Sells to consumer

• Buys from the retailer

• Sells in convenient quantities to the retailers

• Produces goods the retailer needs

Which of the following is a problem facing mail order business?

• Expensive shop fronts

• cost of postage and advertisement

• Commission to agent

• Increase in branded goods

Who among the following is not a wholesaler?

• Factor

• Del Credere Agent

• Cash and Carry

• Agent wholesaler

Which of the following sells goods to the highest bidder?

• Auctioneer

• Factor

• Del credere

• Broker

One if the reasons for eliminating middlemen is

• Artificial scarcity

• Granting credit to wholesalers

• Having suitable warehouse

• Carrying out research

The process through which goods get to the ultimate consumer is

• Distributor channel

• Distribution channel

• Pathway

• Route

The businessman who sells in units to the final consumer is.

• Broker

• Retailer

• Wholesaler

• Agent

Which of these wholesaler is less likely to provide credit facilities?

• Cash and Carry

• Specialty

• Cooperative wholesale society

• Truck wholesalers

Wholesalers are the middlemen between

• Retailers and consumer

• Agent and retailers

• Producers and retailers

• Producers and consumers