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.

Question

Business

Mckinley

5 April, 03:38

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.

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Answers (1)

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Joseph Eaton · Answer 1

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.