A del credere agents is distinguished from other agent in that he?

COMMERCE
WAEC 1992

A del credere agents is distinguished from other agent in that he?

  • A. is a partner in a trading fim
  • B. works for his principal on commission basis
  • C. is a middle man in a transaction involving two or more people
  • D. usually guarantees payments in any transcaction

Correct Answer: D. usually guarantees payments in any transcaction



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