Q389
The party who sends the goods for sales on fixed commission basis is known as
A.
Drawer
B.
Drawee
C.
Payee
D.
Consignor
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The party who sends the goods for sales on fixed commission basis is known as Consignor. Person or firm (usually the seller) who delivers a consignment to a carrier for transporting it to a consignee (usually the buyer) named in the transportation documents.