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Commerce · Q350

Accounting

Graduate and Post Graduate · Commerce · question 350

Q350

Commission to promote credit sale by consignee is known as

A.
Del credere commission
Answer
B.
Over riding commission
C.
Ordinary commission
D.
Special commission

Answer: Option A

Solution

Answer: Option A
Solution:
Commission to promote credit sale by consignee is known as Del credere commission. It is a special commission given by the consignor to the consignee.