Question

Which one is most likely NOT a Merchant?

A. Koç Holding A.Ş.
B. Koç Foundation
C. Adem Logistics Limited Company
D. Deniz Bank A.Ş.

Answer 1

The most likely answer that is NOT a merchant out of the given options is A. Koç Foundation.

Step-by-step explanation:

The most likely answer that is NOT a merchant out of the given options is A. Koç Foundation. While Koç Holding A.Ş., Adem Logistics Limited Company, and Deniz Bank A.Ş. are all examples of businesses involved in buying and selling goods or services, Koç Foundation is a philanthropic organization that focuses on charitable activities rather than commercial transactions.