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Question
Which one of the following is NOT a characteristic of retail trading?
Options
It is concerned with sale of goods directly to the consumers.
Most of the retail trading takes place in fixed establishments.
Most of the retail stores procure their Supplies from -intermediate stores.
Retail trading constitutes bulk business through numerous intermediary merchants and-supply houses.
Solution
Retail trading constitutes bulk business through numerous intermediary merchants and-supply houses.
Explanation:
While the fourth option does not fit the definition of retail trading, the first three do.
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