Question

mishri and sons are doing business which comes under the category of internal trade. they generally take title of goods and bear the business risk by purchasing and selling large quantities or intermediate use in their own name. they also serve as an important link between manufactures and retailers. they undertake various activities like grading the products and packing them again into smaller lots. (a)what do u understand by term internal trade? (b)identify the type of internal trade being discussed above? (c)explain any three services provided by mishri and sons manufactures and retailers? ​

Answer 1

Answer:

it is a local firm having agreement with one manufacturer

Explanation: