The Manufacturer's Agent as a Marketing Institution, Volume 11

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U.S. Government Printing Office, 1952 - Commission merchants - 233 pages

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Page 139 - The Contractor warrants that no person or selling agency has been employed or retained to solicit or secure this contract upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee, excepting bona fide employees or bona fide established commercial or selling agencies maintained by the Contractor for the purpose of securing business.
Page 139 - ... bona fide employees or bona fide' established commercial or selling agencies maintained by the Contractor for the purpose of securing business. For breach or violation of this warranty the Government shall have the right to annul this contract without liability, or In Its discretion to deduct from the contract price or consideration, or otherwise recover, the full amount of such commission, percentage, brokerage, or contingent fee.
Page 5 - For purposes of this chapter, the term "employee" includes an officer of a corporation, but such term does not include — (1) Any individual who, under the usual common law rules applicable in determining the employer-employee relationship, has the status of an independent contractor, or (2) Any individual (except an officer of a corporation) who is not an employee under such common law rules.
Page 230 - SIC manual, includes establishments primarily engaged in selling merchandise to retailers; to industrial, commercial, institutional, farm, or professional business users; or to other wholesalers; or acting as agents or brokers in buying merchandise for or selling merchandise to such persons or companies. The principal types of...
Page 7 - Brokers are wholesale middlemen whose function is to negotiate transactions between buyers and sellers without having direct physical control of the goods, and without taking title or assuming the risk of price fluctuations. They act as agents for their principals who are usually wholesalers or producers, although sometimes they represent retailers as well. Brokers may represent either buyers or sellers in a given transaction, or both, doing business in the name of their principals.
Page 177 - With no paid employees 1 paid employee. 2 paid employees 3 paid employees 4 or 5 paid employees 6 or 7 paid employees 8 or 9 paid employees 10 to...
Page 7 - Their relations with any one client are not continuous as they are in the case of selling agents or manufacturers' agents. The remuneration of brokers is in the form of a commission or fee, based upon the value of the goods or upon the physical quantity of merchandise involved in the transaction. In addition to negotiating...
Page 227 - They may represent a single client or a group of clients, either buyers or sellers but not both in the same transaction, and compensation is usually in the form of commissions or brokerage. Sales as shown for agents and brokers represent the sales (or purchase) value of the goods in the transactions negotiated and include some approximation as many of them do not maintain records of the dollar sales. In such cases carefully prepared estimates are included. In the agents and brokers field it is often...
Page 5 - HH Maynard and TN Beckman, Principles of Marketing (4th ed., New York: Ronald Press, 1946).
Page 227 - The fifth type group includes middlemen who negotiate purchases and/or sales in domestic or foreign trade, but who do not, as a rule, take title to | v. the goods. A chief additional function is to furnish marketing information. They commonly receive their remuneration in the form of commissions or fees. This classification includes auction companies, merchandise brokers, commission merchants, export agents, import agents, manufacturers...

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