Commerce
WAEC 2018
commercial agents who are authorized to keep goods untill they are sold are?
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A.
factors
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B.
distributors
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C.
brokers
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D.
auctioneers
Correct Answer: Option A
Explanation
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.
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