Advertisements
Advertisements
Question
Who are the mercantile agents?
Short Note
Solution
Mercantile Agents are also called functional middlemen. A businessman appoints a person to buy and sell goods on his behalf and gives him the right to borrow money on the security of goods. He is known as a mercantile agent.
shaalaa.com
Middlemen
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Choose the Correct Answer.
Trade middleman who acts as a link between wholesaler and customers refers to a ______
Choose the Correct Answer.
Who is the first middleman in the channel of distribution?
Choose the Correct Answer.
Merchant middlemen can be classified into ______ categories.
Who is a middleman?
What are the classifications of the merchant middlemen?
