Chapter 8, Problem 8.9MC

All of the following are indicators that the vendor is acting as an agent instead of as a principal except.

1. a. The other party is primarily responsible for fulfilling the contract.
2. b. The vendor has latitude in establishing prices for the other party’s goods or services.
3. c. The vendor does not have inventory risk
4. d. The vendor's consideration is in the form of a commission.