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Question 1: Company A purchases materials on cash-before-delivery terms, while Company B uses paid-
on-production terms. Both companies are diligent with the protection of assets, but Company B has
concerns with respect to transfer of title of the materials. Company B is MOST LIKELY what type of
business?
A. Manufacturer
B. Retailer
C. Supplier
D. Wholesaler
Correct Answer: A
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