A textile manufacturer in Aba engages a mercantile agent to sell fabrics on credit to regional merchants. To safeguard against debt default, the manufacturer pays the agent an extra fee in exchange for a guarantee that all credit buyers will pay for the goods delivered. Which type of commercial agent has been appointed?
- Del credere agentCevap
- BFactor
- CBroker
- DUniversal agent
Cevap
Del credere agent
A del credere agent is a mercantile agent who, for an additional commission called a del credere commission, guarantees that third-party purchasers will pay for goods sold on credit, assuming personal liability to the principal if the buyer defaults.
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Types of Commercial Agents and Del Credere Commission
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