Del-credere commission is an?

COMMERCE
WAEC 1995

Del-credere commission is an?

  • A. allowance paid to a supplier
  • B. extra allowance paid for guaranteeing recovery of debts
  • C. allowance paid to all commission agents
  • D. allowance paid bythe agent

Correct Answer: B. extra allowance paid for guaranteeing recovery of debts



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