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Simple English definitions for legal terms

merchandise broker

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A quick definition of merchandise broker:

A merchandise broker is a person who helps sell goods without actually possessing them. They act as a middleman between buyers and sellers, negotiating deals and contracts. They are different from factors because they do not have physical possession of the goods. Merchandise brokers are agents with limited powers and are compensated for their services.

A more thorough explanation:

Definition: A merchandise broker is an agent who negotiates the sale of merchandise without possessing it. They act as intermediaries between buyers and sellers, but do not have possession of the goods.

Examples: A company that produces clothing hires a merchandise broker to sell their products to retailers. The broker negotiates the terms of the sale and takes a commission on the transaction. Another example is a food broker who represents multiple food manufacturers and sells their products to grocery stores and restaurants.

Explanation: Merchandise brokers are hired to sell products on behalf of manufacturers or suppliers. They do not take possession of the goods, but negotiate the terms of the sale and take a commission on the transaction. The examples illustrate how merchandise brokers act as intermediaries between buyers and sellers, negotiating the terms of the sale and taking a commission on the transaction.

merchandise | Merchandise Marks Acts

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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