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Who are called merchants?


: a buyer and seller of commodities for profit : trader. : the operator of a retail business : storekeeper. 3. : one that is noted for a particular quality or activity : specialist.

What do merchants do?

  • What does a Merchant do? Merchants buy and sell goods that are purchased by end consumers or retail shops. They work in various industries including supermarkets, clothing, and electronics stores. Merchants store goods and engage in marketing, order processing, customer service, and technical assistance. Merchants are responsible for many tasks, including keeping inventory, purchasing the items needed for the shop, overseeing financial information, and promoting products.

What is the legal definition of a merchant?

  • merchant. One whose business is buying and selling goods for profit; esp. a person or entity that holds itself out as having expertise peculiar to the goods in which it deals and is therefore held by the law to a higher standard of expertise than that of a nonmerchant.

What does merchants mean?

  • What Does Merchant Mean? A merchant is any individual that is involved in some form of commerce in particular buying and selling products that they do not manufacture themselves. They undertake such activity with the motive to earn profit. They are divided into two broad categories- wholesale merchants and retail merchants.

What is the definition of merchant in World History?

  • The merchant class during the Renaissance was a powerful class of people who earned money from trade rather than owning and working their land. Discover the definition in this overview of merchant class origins in Europe, from feudalism to the Crusades to the Renaissance.