An agent who in consideration of extra commission gives guarantees to his principal that the purchaser of the goods on credit will pay for the goods is called _________.
A. Sub-agent
B. Mercantile agent
C. Brokers
D. Del credere agent.
Answer:D
An agent who in consideration of extra commission gives guarantees to his principal that the purchaser of the goods on credit will pay for the goods is called _________.
A. Sub-agent B. Mercantile agent C. Brokers D. Del credere agent.