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What intermediaries never actually own the products they promote and sell?

User MatthewJ
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Answer:

Agents

Step-by-step explanation:

An agent is a person or entity that has been authorities to act on behalf of another person. Agents negotiate business deals and contracts with third parties on behalf of their clients.

In the chain of distribution, many manufacturers do not sell products directly to consumers. They engage intermediaries such as wholesalers, distributors, retailers, and agents to get their goods to the final consumers. A majority of these intermediaries buy in bulk, break the bulk and sell to other intermediaries or consumers. When they buy, they acquire title to the goods.

Agents do not acquire ownership of the goods because they do not buy. They only negotiate with consumers or intermediaries on behalf of the manufacturers.

User Krismath
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