EVALUATION
A. Direction: Write TRUE if the statement is correct and FALSE if not.
1. A buyer is a person that acquire possession use or services in exchange for payment
usually money
2. A seller is the one that offer products or services in exchange for payment.
3. A person who offers things, transfer goods and services in exchange for money is called
the seller.
4. Vendors, suppliers, and dealers are considered sellers.
5. Examples of buyers are the shoppers, students, and household members.
6. The seller or retailer must develop a sound buying and selling program for his/her retail store to
ensure profit and good service.
7. The buying program of the retailer should not be based on the principle.
8. The right quantity of products depends on how much is needed by the
customer at one time or at a certain period of time.
9. Proper care and storage is important to preserve the quality of products.
10. A competent retailer should be a competent buyer.
please answer this question​