New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    A Ford-owned dealership is considered a branch office because it:

    A performs a sales function as an option to agents and brokers. Correct Answer Incorrect Answer
    B works for several producers and carries non-competitive, complementary merchandise in an exclusive territory. Correct Answer Incorrect Answer
    C takes title to merchandise but sells only to buyers who call on them, pays cash for merchandise, and furnishes their own transportation for the merchandise. Correct Answer Incorrect Answer
    D carries a producer's inventory and performs the functions of a full-service wholesaler. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A manufacturer's branch office carries a producer's inventory and performs the functions of a full-service wholesaler.

    Practice Next