Answer:
C.
Explanation:
Wholesaling consist of the sale and all activities in selling goods or services to those who buy for resale or business use.
Characteristics of Wholesaling:
-Wholesalers generally buy merchandise direct from the producers in large quantity mainly in cash.
-They are trading concern having an army of agents and stocks the large quantity of goods, supply or sell goods to the directly or through their agents in small quantities.
-Wholesalers are financially good health. They purchased goods in cash from the manufacturer and sell to the retailers on credit.
-Wholesalers profit margins is very small so that they can maximizes their sales volume to earn maximum profit.
-They deals in limited product line or products.
-They maintain warehouse and godown at different places in the country to facilitate the trade at minimum transportation charges.
They sometimes make the grading of goods under their own name or brand name.
