An agent who takes title to goods and has authority to bu...
An agent who takes title to goods and has authority to buy and sell on behalf of another is
A jobber
A broker
A factor
An auctioneer
Correct answer is C
A factor is a type of trader who receives and sells goods on commission (called factorage). A factor is a mercantile fiduciary transacting business in his own name and not disclosing his principal.
Credit in business transaction is a. ...... ...
In international trade the direct exchange of goods for goods is? ...
The main factors militating against the rapid growth of trade in Nigeria are? ...
Which of the following is not a fixed asset of a business? ...
The value stated on the share certificate as opposed to the current value is called? ...