JAMB - Commerce (2015 - No. 30)
An agent who takes title to goods and has authority to buy and sell on behalf of another is
A jobber
A broker
A factor
An auctioneer
Explication
A factor is a type of trader who receives and sells goods on commission (called factorage). A factor is a mercantile fiduciary transacting business in his own name and not disclosing his principal.