What is an agent or broker?

• A. Intermediary that brings together buyers and sellers
• B. A direct salesperson
• C. A warehouse manager
• D. A manufacturer representative

Answer: (A)

An agent or broker is someone who acts as an intermediary between buyers and sellers, helping them find each other and complete a deal. They don’t usually own the goods; instead they use market knowledge and networks to connect parties, negotiate terms, and handle the paperwork. They typically earn a commission on the sale. This differs from a direct salesperson, who is employed by the selling company to sell its products directly to customers; a warehouse manager, who focuses on storing and distributing goods; and a manufacturer representative, who sells a specific manufacturer's products to customers rather than acting as an independent intermediary.