A person who earns extra commission for guaranteeing debt...
A person who earns extra commission for guaranteeing debts is a
factor
broker
commission agent
del-credere agent
Correct answer is D
A del credere is an agent who guarantees the solvency of third parties with whom the agent contracts on behalf of the principal.
Who among the following is a middlemen? ...
A credit instrument which also serves as a legal tender is? ...
Shipping services rendered by Nigeria to The Gambia would be classified by The Gambia as ...
Communication is relevant to business activities because it ...
An agreement that is enforceable in law is called? ...
Another name for sea taxi is ...
Marketing differs from selling in that,the latter only creates ...
The media media used for inter-departmental communication include? ...