The agent having in customary course of business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods is called

Question

Quizplus · Accepted Answer

A mercantile agent is defined as someone who has the authority in their normal course of business to sell goods, consign goods for sale, buy goods, or raise money on the security of goods. This definition fits the description provided in the question, distinguishing a mercantile agent from a general agent, partner, or other roles that do not specifically involve these activities.

The Agent Having in Customary Course of Business as Such