O-LevelCommerceWholesale trade7100/11 · Oct/Nov 2017 · Q131 Mark

What is the function of a broker?

Ato auction goods to the highest bidder

Bto bring buyers and sellers together

Cto guarantee that the goods imported will be sold

Dto take possession of goods and to sell them in their own name

✓ Correct answer

B: to bring buyers and sellers together

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Topic: Wholesale trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2017 Paper 1 Variant 1, question 13.

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