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Merchant facts for kids

Kids Encyclopedia Facts

A merchant is someone who buys and sells goods to make a profit. They don't make the products themselves. Instead, they get items from people who produce them and then sell them to others.

What Kinds of Merchants Are There?

There are two main types of merchants:

  • A wholesale merchant buys large amounts of goods directly from the people who make them. They then sell these goods to other businesses, like shops, rather than to individual customers. Think of them as the middle-person between the factory and the store.
  • A retail merchant sells goods directly to customers. These are the people you usually think of when you hear "merchant." A shop owner, for example, is a retail merchant. They sell things like clothes, food, or toys to you and your family.

Merchants and the Law

In places like the United States, a merchant is seen as anyone who regularly sells goods as part of their job or business. Because they are experts in what they sell, merchants are often expected to meet a higher standard than someone who just sells something occasionally.

For example, when a merchant sells a product, they are usually expected to provide a warranty. This is like a promise that the product is good enough to be sold and will work as expected. This promise is often true even if it's not written down anywhere.

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See also

Kids robot.svg In Spanish: Comerciante para niños

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Merchant Facts for Kids. Kiddle Encyclopedia.