An agent who gives guarantee to his principal that the party will pay the sale price of goods is called –

Q.4 (A) (i) An agent who gives guarantee to his principal that the party will pay the sale price of goods is called –

A. Auctioneer

B. Del credere agent

C. Factor

D. Broker

Doubtly Asked 28 Oct 2026 Board exam · March 2025 hsc 12th Save WhatsApp Report

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Answer: B. Del credere agent

Answer: (b) Del credere agent

A del credere agent guarantees the principal that the buyer will pay for the goods sold, and for this risk receives an extra commission (del credere commission) over the ordinary commission.

Doubtly AI · 28 Oct 2026 AI-generated · not yet verified Report

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An agent who gives guarantee to his principal that the party will pay the sale price of goods is called –

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