An important difference between agents and brokers and merchant wholesalers is that: merchant ownership have own to the products, whereas agent/brokers do not.
The other significant component of the wholesale commerce sector is made up of wholesale agents and brokers. In contrast to merchant wholesalers, agents and brokers do not really buy or acquire ownership of the items they buy and sell.
Manufacturers are purchased by merchant wholesalers who then sell to other companies. In essence, agents and brokers are self-employed individuals that offer purchasing and selling services. While they don't claim ownership of the goods, they do collect commissions based on their sales.
To learn more about merchant wholesalers, refer
https://brainly.com/question/14315740
#SPJ4
