(a) What is an agency? (b) Explain the features of the following agents: (i) Factor (ii) Broker (iii) Del-credere agent (iv) Auctioneer.

Question 1 Report

(a) What is an agency?

(b) Explain the features of the following agents:
(i) Factor
(ii) Broker
(iii) Del-credere agent
(iv) Auctioneer.