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Question
Choose the Correct Answer.
A ______ is a mercantile agent to whom goods are entrusted for sale by a principal and takes physical possession of the goods but does not obtain ownership.
Options
Broker
Factor
Warehouse-keeper
Commission agent
MCQ
Fill in the Blanks
Solution
A Factor is a mercantile agent to whom goods are entrusted for sale by a principal and takes physical possession of the goods but does not obtain ownership.
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Meaning of Channels of Distribution
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