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WAEC Commerce 2018 Objective — Question 33

Question 33 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.

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Commercial agents who are authorized to keep goods until they are sold are

  • A. factorsCorrect
  • B. distributors
  • C. brokers
  • D. auctioneers

Explanation

Factors are commercial agents entrusted with possession of goods, authorised to hold and sell them on behalf of the owner.

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