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Q.Write a short note on: Who is Wholesaler ?
Andhra Pradesh BieapBIEAP AP Intermediate (2nd Year) Commerce Board 2020Subjective· 2mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →A wholesaler is a middleman who buys goods in bulk from producers and sells them in smaller quantities to retailers, linking the producer and the retailer.
Who is a Wholesaler?
A wholesaler is a trader or middleman who purchases goods in large quantities directly from manufacturers or producers and sells them in comparatively smaller quantities to retailers. The wholesaler does not usually sell directly to the final consumer. This is a 2-mark AP Inter 2nd-year Commerce previous-year question.
Key points:
- Acts as a link between the producer and the retailer.
- Buys in bulk and sells in smaller lots (bulk-breaking).
- Usually deals in one or a few lines of goods. …
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