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Newzon Coal Supply Takes Possession of Coal from Local Mining

Question 147

Multiple Choice

Newzon Coal Supply takes possession of coal from local mining companies. However, it does not store a single ounce of coal on its premises. Instead, it simply arranges for the coal to be shipped directly from the mining companies to their customers. This type of arrangement suggests that Newzon Coal Supply is a _____.


A) drop shipper
B) full-service merchant wholesaler
C) cash and carry wholesaler
D) truck jobber

Correct Answer:

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