Which limited-service wholesaler takes title to merchandise but sells only to buyers who call on them, pays cash for merchandise, and furnishes their own transportation for merchandise?

Multiple choice question.

specialty outfitters

rack jobbers

agents or brokers

cash and carry wholesalers

1 answer

The correct answer is cash and carry wholesalers. They take title to merchandise, sell only to buyers who call on them, pay cash for the merchandise, and require buyers to furnish their own transportation.