Ask Question
BusinessBusiness
7 December, 22:47

Transaction brokers: A. provide online meeting places where people with similar interests can communicate. B. save users money and time by processing online sales transactions. C. sell physical products directly to consumers or individual businesses. D. provide a digital environment where buyers and sellers can establish prices for products. E. generate revenue from advertising or from directing buyers to sellers.

+3
Answers (1)
  1. 7 December, 22:57
    0
    D. provide a digital environment where buyers and sellers can establish prices for products.

    Explanation:

    Transaction brokerage provides a third party service to buyers and sellers. One distinguishing feature of transaction brokerage is neutrality. He or she is neither a buyer nor seller but an intermediary and charges a flat fee for his service.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Transaction brokers: A. provide online meeting places where people with similar interests can communicate. B. save users money and time by ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What encourages produces to reduce costs and increase revenues? Question 15 options: marginal analysis the profit motive opportunity costs the production possibilities frontier
Answers (2)
What factors are involved when there is an interaction between a person and an experience?
Answers (1)
Berta Company owns inventory prior to a customer ordering it from Norman Company. If a customer returns the merchandise, Berta Company owns the returned inventory. Berta Company is a (n). (Enter only one word.)
Answers (2)
Depreciation expense: Group of answer choices is a tax deductible non-cash expense is not a true expense represents a cash outflow on the cash flow statement is deducted from net income
Answers (1)
A geologist digs two soil pits to investigate the soil profile in an area. The pits are separated by 500 meters. A geologic map indicates that the bedrock in the two areas is the same. In Pit A, the soil layer is much thicker than in Pit B.
Answers (1)
New Questions in Business
Lewis Inc. had the following information taken from various accounts for 2015: Sales Discounts $41,000 Unearned Revenue $32,000 Total Sales $459,000 Purchase Discounts $15,000 Sales Allowances $35,000 Accounts Receivable $205,000 What was Lewis Inc.
Answers (1)
True or False: The basic economic theory of supply and demand suggests that when price drops, consumers will buy more and thus generate stronger demand.
Answers (1)
If you think carefully about what you're doing, always ask for advice when you need it, and keep asking questions, starting a business can be
Answers (2)
16. What size paper should you use for a legal document? A. 3" x 5" B. 8/2" x 11" C. 872" x 14" D. 74" x 1072"
Answers (2)
Assume an economy where there are two producers: a wheat producer and a bread producer. In a given year, the wheat producer grows 30 million bushels of wheat of which 25 million bushels are sold to the bread producer at $3 per bushel, and 5 million
Answers (1)
Home » Business » Transaction brokers: A. provide online meeting places where people with similar interests can communicate. B. save users money and time by processing online sales transactions. C. sell physical products directly to consumers or individual businesses.
Sign Up Forgot Password?