distinguish between general commission and Del credre comision with examples?? five points
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general commission chahiye..
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Overriding Commission
Commission given to the consignee in addition to the normal commissionPurpose of such incentive is to motivate the consignee to create market for new products.
· Sometimes, this additional commission is allowed to consignee where certain sales limits have been exceeded.
Del Credere Commission
Commission given to the consignee in addition to the normal commissionPurpose is for the consignee to bear/absorb the loss on account of bad debts if any, arising out of credit sales of consignment goodsComputed based on total sales unless it is agreed on credit sales.
· Once the consignee is given del credere commission, he become liable to all losses on account of non-recovery of d
Commission given to the consignee in addition to the normal commissionPurpose of such incentive is to motivate the consignee to create market for new products.
· Sometimes, this additional commission is allowed to consignee where certain sales limits have been exceeded.
Del Credere Commission
Commission given to the consignee in addition to the normal commissionPurpose is for the consignee to bear/absorb the loss on account of bad debts if any, arising out of credit sales of consignment goodsComputed based on total sales unless it is agreed on credit sales.
· Once the consignee is given del credere commission, he become liable to all losses on account of non-recovery of d
Is overriding commission and general commission is same???
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