Question: Question 6 1 pts Which statement provides the most accurate distinction between an agent and a broker? Agents represent one manufacturer in a large sales
Question
pts
Which statement provides the most accurate distinction between an agent and a broker?
Agents represent one manufacturer in a large sales area, while brokers represent several different manufacturers in a smaller area.
Agents take title to the goods they help distribute, while brokers never assume ownership of the products they distribute.
Agents develop a longterm relationship with the people they represent, while brokers are usually hired on a temporary basis.
Agents represent final buyers while brokers represent marketing intermediaries.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
