An agent who takes tittle to goods and has authority to buy and sell on behalf of another is?

The agent described in the question who takes title to goods and has the authority to buy and sell on behalf of another is called a "factor". Factors are commonly used in commercial transactions to help manage inventory and ensure the timely payment of debts. They can take ownership of goods from the manufacturer or seller and sell them to retailers or other customers, or they can provide financing to businesses by purchasing their accounts receivable. In this way, factors act as intermediaries between the seller and buyer, helping to facilitate trade and mitigate risk.