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An agent held responsible for non-payment of goods bought by the customer he introduced ...

An agent held responsible for non-payment of goods bought by the customer he introduced to his principal is called agent
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A General
  • B Special
  • C Sales
  • D Del-credere
Correct Answer: Option D
Explanation:
A del-credere agent guarantees the principal that customers introduced by the agent will pay for the goods they purchase. If such a customer fails to pay, the del-credere agent becomes responsible for the payment to the principal.

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