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Del-credere commission is an?

Commerce
WAEC 1995

Del-credere commission is an?
  • A. allowance paid to a supplier
  • B. extra allowance paid for guaranteeing recovery of debts
  • C. allowance paid to all commission agents
  • D. 'allowance paid bythe agent
  • E. allowances to ensure delivery of goods by commission agent
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Correct Answer: Option B
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent