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JAMB Commerce 2018 Objective — Question 31

Question 31 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2018 Objective paper, with the correct answer and a full explanation.

A merchant wholesaler is referred to as a

A. del-credere agent
B. brokerCorrect
C. rack jobber
D. a factor

Explanation

A merchant wholesaler is a broker because he takes possession of the goods.

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