Solved

Which of the Following Statements Provides the Most Accurate Distinction

Question 297

Multiple Choice

Which of the following statements provides the most accurate distinction between an agent and a broker? Agents:


A) represent final buyers while brokers represent marketing intermediaries.
B) represent one manufacturer in a large sales area, while brokers represent several different manufacturers in a smaller area.
C) develop a long-term relationship with the people they represent, while brokers are usually hired on a temporary basis.
D) take title to the goods they help distribute, while brokers never assume ownership of the products they distribute.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions