Question

1. Which of the following is an example of an intermediary?

Answer 1

Answer:

a person who acts as a link between people in order to try to bring about an agreement or reconciliation; a mediator.

"intermediaries between lenders and borrowers

Explanation:

D.New car dealership.

This is true of the automobile industry, where an "auto dealer" describes the last intermediary in the distribution channel and is distinct from a rental agency. However, a rental agency that sells used rental cars directly to consumers can also be referred to as a dealer.

Answer 2

Considering the available options, an example of an intermediary is "New car dealership."

This is based on the idea that an intermediary is an organization between the producers and the final consumers in the business chain transaction.

Thus, a new car dealership is considered an intermediary because he is neither a producer nor the final consumer of the automobile product.

Generally, in any industry, there are different types of intermediaries, they include:

agents, wholesalers, distributors, and retailers.

Hence, in this case, it is concluded that the correct answer is option C. "New Car Dealership."

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