DEL CREDERE AGENT
This query is : Resolved
21 July 2010
Who is a del credere AGENT?
I have learned the meaning of del credere commission in consignment.I want to know The description of an Agent.
I have learned the meaning of del credere commission in consignment.I want to know The description of an Agent.
21 July 2010
Del Credere agent is a person who guarantees that a buyer is trustworthy and, in case the buyer defaults, compensates the the seller. To cover such risks, they charge higher than normal commission rates.
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