Wholesale Trade — Important Questions
ICSE · Class 11 · Commerce
65 important questions from Wholesale Trade for ICSE Class 11 Commerce, with answers. Includes multiple choice and multiple correct questions.
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Important Questions from Wholesale Trade
What does a wholesaler usually buy from producers?
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Goods in bulk quantities
A wholesaler buys goods from producers in bulk quantities.
To whom does a wholesaler usually sell goods?
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Retailers
A wholesaler sells goods to retailers, usually in small quantities.
Which statement best describes the wholesaler's identity?
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He is neither a manufacturer nor a retailer
A true wholesaler acts as a link between the two and is neither a manufacturer nor a retailer.
Which of the following is a service that wholesalers provide to retailers?
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Credit facility
Wholesalers usually provide credit facilities to retailers, allowing payment after sales are made.
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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