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    Question

    A person who occupies the position of surety as well as

    agent is called as:
    A Factor Correct Answer Incorrect Answer
    B Broker Correct Answer Incorrect Answer
    C Del Credere Agent Correct Answer Incorrect Answer
    D Commission Agent Correct Answer Incorrect Answer

    Solution

    Del Credere Agent means an agent who sells products and/or services for another party for a fee, and guarantees payment to the Seller. If a Del Credere Agent has paid the seller, the rights of the Seller are assigned to that agent.

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