WAEC Commerce 1994 Question 24

Question 24

Wholesale Trade

Agents who link buyers with sellers receive

  1. A.factorage
  2. B.brokerage
  3. C.bonus
  4. D.interest
  5. E.premium
Show the answer and explanation

Answer: B (brokerage)

Explanation

Brokers bring buyers and sellers together and are paid brokerage.