Commerce JAMB

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

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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