what is meant by whole sale trade
Answers
Wholesale is the activity of buying and selling goods in large quantities and therefore at cheaper prices, usually to shopkeepers who then sell them to the public.
Answer:
Wholesale trade intermediaries put buyers and vendors into contact (or perform commercial operations for a third party), without being owners of the goods (these are commission agents, brokers, sales agents, self-employed representatives, etc.). Trading groups, other trade intermediaries, may be the owners of goods, which they sell to their members and their affiliates for a very low trade margin.
Almost all goods may give rise to wholesale trade but only some of them are sold in retail (retail trade).
Explanation:
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