A business that buys finished, packaged products from vendors, marks them up, and resells them to customers is best described as which type of business?

1. A merchandising business buys finished and packaged goods, adds a mark-up, and sells them on. 2. A service business sells expertise or the use of something; the customer never takes ownership of a physical product. 3. A manufacturer makes the goods itself rather than buying them finished for resale. 4. The described firm buys finished goods for resale, so it is a merchandising business. _Source: Jonick, Principles of Financial Accounting (CC BY-SA 4.0), §3.1 "Introduction", p.92_