Question

State with reasons whether the following statement are True or False.

Wholesaler deals in small quantity.

Answer 1

Wholesaler deals in small quantity- False

Explanation:
The above statement is incorrect. Wholesalers deal in large quantities and on a large scale, as they buy goods in large quantities from manufacturers and sell them in comparatively smaller units to industrial units or retail traders. Retailers, on the other hand, deal in small quantities.