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7 Cards in this Set

  • Front
  • Back
Retailing
all activites involved in selling goods or services directly to final consumers for their personal, nonbusiness use
Retailer
Business whose sales come primarily from retailing
Wholesaling
all activities involved in selling goods and services to those buying for resale or business use
Merchant Wholesaler
independently owned business that takes title to the merchandise it handles
Broker
a wholesaler who does not take title to goods and whose function is to bring buyers and sellers together and assist in negotiation
Agent
A wholesaler who represents buyers or sellers on a relatively permanent basis, performs only a few functions, and does not take title to goods
Manufacturers' sales branches and offices
wholesaling by sellers or buyers themselves rather than through independent wholesalers