What describes a wholesaler who facilitates transactions between buyers and sellers without taking ownership of goods?

The identification of a broker as the type of wholesaler who facilitates transactions between buyers and sellers without taking ownership of goods highlights the broker's role in the market. Brokers act as intermediaries, connecting buyers with sellers and providing services that may include negotiation, information, and market insights. They earn their income through commissions or fees paid by the parties involved in the transaction, rather than through ownership or sale of physical goods.

In contrast, other roles like agents or distributors may carry different responsibilities. Agents typically represent one party in negotiations, often having a fiduciary duty to that party. Distributors usually take ownership of goods and sell them to retailers or other businesses. Retailers are the final link in the supply chain, selling products directly to consumers. Understanding these distinct roles helps clarify how brokers fit within the broader marketplace, emphasizing their lack of ownership over the goods they facilitate.