Which of the following constitute wholesale trading ? 1.Small business. 2.Intermediary merchants 3.Supply houses 4.Retail stores

Only 1 and 2 Only 2 and 3 Only 2, 3 and 4 Only 1,2 and 4

Only 2 and 3

Wholesale trading constitutes bulk business through numerous intermediary merchants and supply houses and not through retail stores.