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What are merchants in business?


A merchant represents a person or company that sells goods or services. An eCommerce merchant refers to a party that sells goods or services exclusively through the internet.

What did merchants believe in?

  • Merchants' belief in individual merit would become a recurring theme in the Renaissance; merchants also were patrons of the arts. How did art change during the Renaissance? Artists chose secular and classical subjects (as well as Christian subjects), painted prominent individuals, glorified the human body, and used new artistic techniques and a ...

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 did the merchants do?

  • What did the merchants do? Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants. Being a landowner was a “respectable” occupation. How did the merchants pay for the new colony? Colonists made purchases by credit, cash and barter.

How are merchants classified?

  • Merchants classified with this MCC are local, state, and federal entities that engage in financial administration and taxation including collection of taxes and penalties and custody and disbursement of funds. Customs Bureaus: 9399 (Government Services - Not Elsewhere Classified) Merchants classified with this MCC are government