passwella.
Menu

WAEC Commerce 2013 Question 6

Question 6

Wholesale Trade

A person who earns extra commission for guaranteeing debts is a

  1. A.factor.
  2. B.broker.
  3. C.commission agent.
  4. D.del-credere agent.
Show the answer and explanation

Answer: D (del-credere agent.)

Explanation

A del credere agent earns an extra commission for guaranteeing that buyers will pay.