aThere is, of course, always a risk in buying, sight unseen, according to a manufacturer’s description. The buyer has to rely on the manufacturer’s reputation, and if he is stockist, be will have to purchase and finance stocks on which he may not get his money back for a long time...
aThere is, of course, always a risk in buying, sight unseen, according to a manufacturer’s description. The buyer has to rely on the manufacturer’s reputation, and if he is stockist, be will have to purchase and finance stocks on which he may not get his money back for a long time...
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an export merchant house; in this case there is little financial risk for the producer, since the merchant acts as a principal and pays for the goods himself. A third possibility is for the manufacturer to appoint foreign agents, who will work on commission and may be stockists. I[...