commercial agents who are authorized to keep goods untill they are sold are?
Answer Details
The commercial agents who are authorized to keep goods until they are sold are called "factors". Factors are companies or individuals who help businesses manage their cash flow by providing financing against their accounts receivables or by purchasing their invoices at a discount. They typically purchase the goods from the manufacturer and then sell them to retailers or wholesalers, keeping the goods in their possession until they are sold. This allows the manufacturer to focus on production while the factor takes care of the sales and distribution. Factors are commonly used in industries such as textiles, furniture, and electronics.