State two distinguishing features between each of the following; (a) Tramps vessels and ocean liners (b) A factor and a broker (c) A commissioned agent and ...

Question 1 Report

State two distinguishing features between each of the following;

(a) Tramps vessels and ocean liners

(b) A factor and a broker

(c) A commissioned agent and a del credere agent

(d) consular invoice and proforma invoice

(e) Insurance and assurance