Question
BurnMe.com (BM) sells fireworks over the Internet. Customers access BurnMe's website and select particular products, and BurnMe refers the customer order to a fireworks manufacturer
BurnMe.com (BM) sells fireworks over the Internet. Customers access BurnMe's website and select particular products, and BurnMe refers the customer order to a fireworks manufacturer who fulfills the order, ships to the customer, and pays BurnMe a 20% commission. Which of the following istrueabout BurnMe?
Question 2 options:
A)
BM is primarily responsible for providing the product to the customer.
B)
BM's income statement would report gross revenue and cost of sales associated with these transactions.
C)
BM is an agent in this transaction.
D)
BM warehouses inventory.
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