WAEC - Commerce (2015 - No. 2)
An extra commission paid to an agent who guarantees credit sales made by him is?
del credere
guarantors fee
jobber's turn
brokerage
Paskaidrojums
A del credere agency is a type of principal-agent relationship wherein the agent acts not only as a salesperson or broker for the principal, but also as a guarantor of credit extended to the buyer.