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An agent who brings a customer into business contact with his principle is known as?

Commerce
JAMB 2010

An agent who brings a customer into business contact with his principle is known as?

  • A. a del credere agent
  • B. an auctioneer
  • C. a factor
  • D. a broker
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Correct Answer: Option D
Explanation

A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed.

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Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now