An agent who takes title to goods and has authority to bu...
An agent who takes title to goods and has authority to buy and sell on behalf of another is
A jobber
A broker
A factor
An auctioneer
Correct answer is C
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.
The document that spells out the relationship of a company with the outside world is known as ...
In nationalized industries, losses are borne by the? ...
The ratio between a country's exports and her imports prices is the ...
The operations of a private company is guided by the ...
.......... is NOT a principle of insurance ...
Which of the following is not a problem of ECOWAS? ...
Information on new goods is passed on to buyers through? ...
The document of title to goods being shipped abroad is known as ...