Question

multiple select question
select all that apply
which is true of wholesalers? more than one answer may be correct.
selling products to a school or hospital to run their business is considered a wholesale transaction
wholesalers do not own the products they distribute; they act only as a facilitator of the exchange process.
selling products to a company for internal use in production is wholesaling.
selling products to specific stores so that each store has its own unique inventory
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Explanation:

• Selling products to a school or hospital to run their business is considered a wholesale transaction: Wholesalers sell goods in large quantities to businesses (like schools or hospitals) that use them for their operations rather than for resale to end - consumers.
• Wholesalers do not own the products they distribute; they act only as a facilitator of the exchange process: Some wholesalers (agent wholesalers) do not take title to the goods. They facilitate the transfer of goods from producers to retailers or other businesses.
• Selling products to specific stores so that each store has its own unique inventory: Wholesalers can supply different stores with customized inventories based on the store's location, customer base, etc.

Answer:

• Selling products to a school or hospital to run their business is considered a wholesale transaction
• Wholesalers do not own the products they distribute; they act only as a facilitator of the exchange process
• Selling products to specific stores so that each store has its own unique inventory