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WAEC Commerce 2020 Question 43

Question 43

Law of Agency

A person engaged for the purpose of bringing his principal and a third party into a contractual relation is

  1. A.an arbiter.
  2. B.an auctioneer.
  3. C.an agent.
  4. D.a middlemen.
Show the answer and explanation

Answer: C (an agent.)

Explanation

An agent acts for a principal to make contracts with third parties.