Merchant, Wholesaler, and Consumer Quiz
7 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which type of seller sells in small quantity to other merchants?

  • Manufacturer
  • Wholesaler (correct)
  • Producer
  • Consumer

    • Which of the following is NOT a characteristic of a wholesaler?

  • Sells in small quantity to the retailer
  • Buying in bulk
  • Acts as a middleman
  • Advertising (correct)

    • Who among the following relates freely with the final consumer?

  • Producer
  • Wholesaler
  • Retailer (correct)
  • Manufacturer

    • In which trade is the same currency used?

    <p>Home trade</p> Signup and view all the answers

    Which of the following is an example of imported goods in Nigeria?

    <p>Electronics</p> Signup and view all the answers

    What is the final link in the chain of distribution?

    <p>Retailing</p> Signup and view all the answers

    Who among the following grants credit to the consumer?

    <p>Retailer</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser