Question

multiple select question
select all that apply
which is true of wholesalers? more than one answer may be correct.
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
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.

Explanation:

• Selling products to a school or hospital to run their business: Schools and hospitals are institutions that purchase goods in bulk for their operations. When wholesalers sell to them, it is a wholesale transaction as they are buying for business - related (non - end - consumer) use.
• Selling products to specific stores so that each store has its own unique inventory: Wholesalers often supply to retailers (stores). By providing products to these stores (which are not the end - consumers buying for personal use), it is a wholesale activity.

• Selling products to a company for internal use in production: When a company buys products for internal production use (not for resale to end - consumers in the same form), and if the purchase is in bulk, it can be considered a wholesale - like transaction (even if the company is the end - user in the production chain).
• Wholesalers do not own the products they distribute; they act only as a facilitator of the exchange process: This is incorrect. Wholesalers typically take ownership of the products they handle. They buy in bulk from producers (or other suppliers) and then sell to retailers, institutions, or businesses.

Answer:

Selling products to a school or hospital to run their business, Selling products to specific stores so that each store has its own unique inventory, Selling products to a company for internal use in production.