Define Commission in consignment?
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The commission of the consignee is calculated on gross sales made by the consignee. It is the percentage of a sale that the person who sells a product receives. It is a reward to the consignee by the consignor for selling the goods of the former.
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Answer:
The commission of the consignee is calculated on gross sales made by the consignee. It is the percentage of a sale that the person who sells a product receives. It is a reward to the consignee by the consignor for selling the goods of the former.
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