What is a merchant?
Q: What is a merchant?
A: A merchant is someone who deals with trade, meaning they deal in goods that they do not produce themselves in order to make a profit.
Q: What are the two types of merchants?
A: The two types of merchants are wholesale and retail. A wholesale merchant works between producers and retail merchants, while a retail merchant sells goods directly to consumers or businesses.
Q: Who is considered a "merchant" in the US?
A: In the US, any person engaged in business or profession or selling regularly is considered a "merchant".
Q: How are merchants held to higher standards than those not engaged in selling goods as a profession?
A: Merchants are expected to give warranties on products sold even if there is nothing written about it, whereas those not engaged in selling goods as a profession may not be held to this same standard.
Q: What does a shop owner do?
A: A shop owner is considered a retail merchant, meaning they sell goods directly to consumers or businesses.
Q: Does every wholesale merchant move the goods themselves?
A: No, some wholesale merchants only organise the movement of goods rather than actually moving them themselves.
