WAEC Commerce 2015 Objective — Question 2

Question 2 of 50 from the West African Examinations Council (WAEC) Commerce 2015 Objective paper, with the correct answer and a full explanation.

An extra commission paid to an agent who guarantees credit sales made by him is a

A. del credere feeCorrect
B. guarantor's fee
C. jobber's run B. brokerage

Explanation

A del credere agent is the one who assures the principal of payment for all transactions he enters for him, and is given extra commission known as del-credere.

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