A. del-credere agent
B. a broker
C. rack jobber
D. a factor
Correct Answer:
Option D – a factor
Explanation
merchant wholesaler is an entity that purchases products, takes title of them, and then sells them (generally to retailers, other wholesalers, and industrial consumers) Merchant wholesaler is the intermediary between the producer and the retailer.
A Factor. People who are employed by others to sell or purchase goods, who are entrusted with possession of the goods, and who are compensated by either a commission or a fixed salary. A factoris a type of agent who sells goods owned by another, called a principal.
