48. Although SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any

Question

Olenka [21]

2 years ago

13

48. Although SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any

of the goods being traded
SellSmart would be classified as an agent or broker.

True or False

Business

1 answer:

frozen [14] · Answer 1 · 2023-03-17T12:46:24+03:00

Since SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded, it's an agent or broker. Therefore, it's true.

It should be noted that an agent is an individual that's licensed to sell property while a broker is an individual that's licensed to own their own real estate firm.

An agent or broker brings the buyer and the seller together and helps in negotiating a sale but doesn't take title to goods. Since SellSmart performs this function, it's an agent or broker.

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