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WAEC Commerce 2021 Question 37

Question 37

Law of Agency

A person who is employed for the purpose of bringing his principal into contractual relationship with third parties is

  1. A.a merchant.
  2. B.a consignee.
  3. C.a consignor.
  4. D.an agent.
Show the answer and explanation

Answer: D (an agent.)

Explanation

An agent acts for a principal and makes contracts between the principal and third parties.