Question

The main features of a wholesaler is –
(a) To advertise the products
(b) To sell the goods at cheap rates
(c) To deal in variety of goods
(d) To purchase the goods from producers and sell it to retailers

Answer 1

to sell the goods at cheap rate

Answer 2

The 'main features of a wholesaler' is to 'purchase the goods from producers' and 'sell them to retailers'.

Answer: Option d

Explanation:

Wholesale trade means that trade in which traders purchase goods in big quantities from the manufacturer and sells them to the retails in relatively less quantity. The trader who is dealing in wholesale trade is called a wholesaler.

Following are the important features of wholesalers:

1. Assembling goods

2. Grading

3. Storage

4. Distribution of Goods

5. Transportation

6. Financing