Which of the following statements concerning mercantile agents is not true?
A) they have authority to sell the goods on behalf of the owner of the goods.
B) they must be registered with a state authority as a merchant or a pawnbroker.
C) they are usually paid by commission.
D) they often have a lien over the principal's goods.
E) they are also known as 'factors'.
Correct Answer:
Verified
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