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A wholesaler who acts as an agent on behalf of the owner of the goods in buying or ...

A wholesaler who acts as an agent on behalf of the owner of the goods in buying or selling for a commission proportionate to the value of the transaction is called a
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  • A Commissioned agent
  • B Del-credere agent
  • C Factor
  • D Speculator
Correct Answer: Option A
Explanation:
A commissioned agent is an agent who buys or sells goods on behalf of a principal and receives a commission based on the value of the transactions carried out. The agent acts on behalf of the owner of the goods.

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