A mercantile agent is called a 'factor' if:
A) They are not in possession of the principal's property.
B) They are in possession of the principal's property.
C) They are an insurance broker.
D) They are a stockbroker.
Correct Answer:
Verified
Q2: Brokers are in the business of:
A)Selling property
Q4: When a principal tells an agent not
Q5: A 'special agent', in a legal context,
Q5: The nature and extent of the implied
Q7: Solicitors are:
A)Commonly but not necessarily agents of
Q8: Which of the following statements is not
Q10: A mercantile agent is never:
A)A person appointed
Q11: Generally speaking, when will a person become
Q13: Del credere agents are generally paid a
Q17: In which of the following circumstances will
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents