Question on: JAMB Commerce - 2024
An agent held responsible for non-payment of goods bought by the customer he introduced to his principal is called agent
A
General
B
Special
C
Sales
D
Del-credere
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Correct Option: D
An agent held responsible for the non-payment of goods bought by a customer he introduced to his principal is called a del-credere agent. This type of agent guarantees the creditworthiness of the customers they bring to the principal. If the customer fails to pay, the del-credere agent is liable for the debt.
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