A person who in consideration for an extra commission takes responsibility for goods sold on credit and in case of default is a?

By: |Published on: Dec 13|Categories: Commerce JAMB| 0 comments

A. commission agent
B. del credere agent
C. broker
D. factor

Correct Answer:

Option B – del credere agent

Explanation

Del Credere Agent Law and Legal Definition. A del credere is an agent who guarantees the solvency of third parties with whom the agent contracts on behalf of the principal.

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