Who is an entrepreneur?

• A person who plans and makes decisions to sell products or services

• A person who only buys products but does not sell them

• A person who works as an employee in a business

What is the role of a buyer?

• To create and manufacture new products

• To purchase products or avail services

• To lend money for business investments

Which of the following is a consideration of buyers?

• Paying for products at any price

• Purchasing products without evaluating them

• Getting quality goods at reasonable costs

What is a seller?

• A person who buys products for personal use

• A person who transfers products or services to buyers in exchange for money

• A person who only resells second-hand items

Which of the following is an example of a seller?

• Doctor

• Merchant

• Student

Which of the following is a duty of a seller?

• Selling fake products to gain profit

• Delivering goods on time and with care

• Hiding product defects from customers

What is a right of a seller?

• Receive the right payment for the item sold

• Force customers to buy unnecessary products

• Refuse to issue receipts for purchases

What is a short-term buyer-seller relationship?

• A purchase that happens only once with no long-term commitment

• A business contract for a regular supply of goods

• A partnership between companies

What is a long-term buyer-seller relationship?

• A one-time purchase

• Regular purchases based on a lasting agreement

• A random business transaction

What is a hanging organizer?

• A storage container with compartments

• A tool for writing on whiteboards

• A machine used for sewing fabrics