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Who is a broker? - Commerce

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प्रश्न

Who is a broker?

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उत्तर

A Broker is one who bargains for another and receives a commission for his service. He is paid ‘brokerage’ for his services. He brings the buyer and the seller to the negotiating process and arranges for finalizing contracts between them.

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Kinds of Mercantile Agents or Agent Middlemen
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पाठ 23: Channels of Distribution - Exercises [पृष्ठ २३८]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
पाठ 23 Channels of Distribution
Exercises | Q II. 4. | पृष्ठ २३८
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