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Patty's Party Place Ordered Five Cases of Valentine's Day Balloons

Question 11

Multiple Choice

Patty's Party Place ordered five cases of Valentine's Day balloons from a Chinese manufacturer.Patty's purchased the balloons at a cost of ten cents per balloon and will sell them at a cost of $.50/each.Which term best describes the transaction between Patty's and the Chinese manufacturer?


A) direct sale
B) retail sale
C) niche sale
D) consumer sale
E) wholesale sale

Correct Answer:

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