accounting questions

true or false

1. A middleman is a business firm that renders services directly related to the purchase and/or sale of a product as it flows from producer to wholesaler. 2. A channel of distribution always includes both the producer and final customer for the product in its present form as well as any middlemen. 3. Merchant wholesalers have the highest average operating expenses and agent wholesaling middlemen the lowest. 4. A manufacturers' agent represents several non competing manufacturers of completely unrelated merchandise. 5. A salesperson selling insurance door to door is an example of a retailer