Commerce WAEC

Commercial agents, who are authorized to keep goods until they are sold are?

A. factors
B. distributors
C. brokers
D. auctioneers

Correct Answer: Option A

A. factors

Explanation

A factor is a type of trader who receives and sells goods on commission (called factorage). A factor is a mercantile fiduciary transacting business in his own name and not disclosing his principal.

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