An agent who gives guarantee to his
principal that the party will pay the sale
price of goods is called
a. Auctioneer b. Del Credere Agent
c. Factor
d. Brokervutcdx
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Answer:
del credere agent..
Step-by-step explanation:
A del credere agent is a person who ensures or guarantees his principal that the creditors of goods will pay for the goods they buy for extra remuneration. In the case of failure to pay by the third party, he needs to pay the due amount to his principal.
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