Question

Q10 Which of the following is a chief feature of wholesale trading? (A) It constitutes bulk business through numerous intermediary and supply houses (B) Wholesaler often extend credit to retail stores (C) Most retail stores procure supplies from an intermediary source (D) All of the above​

Answer 1

Answer:

D) all of the above

Explanation:

I) The wholesaler generally deals in one or few items of goods. (II) Wholesaler requires a large amount of capital to be invested in the business. (III)Wholesaler buys goods from the manufacturer in large scale. (IV) Wholesaler sells the goods to retailers as per their requirement.