11th Principles of Commerce MCQS Chapter 15

Middlemen means those person who

Buy goods from the retailer

But items from manufacturer

Buy goods from the wholesaler

Help in transferring goods from producer to consumer

The remuneration of an agent is called

Profit

Commission

Salary

Wages

An agent who is helpful in the sale and purchase of shares

Underwriter

Forwarding agent

Clearing agent

Auctioneer

An agent who can receive the payment from buyer

Underwriter

Factor

Clearing agent

Export agent

The agent who sells and buys goods of all kinds is called

Exporting agent

Underwriter

Commission agent

Broker