A mercantile agent to whom the possession of the goods is given for the purpose of selling the same is known as a/an

Question

Quizplus · Accepted Answer

A factor is a type of mercantile agent who is entrusted with the possession of goods for the purpose of selling them. Unlike brokers or commission agents who may not have possession of the goods, a factor has both possession and the authority to sell, making them distinct in their role.

A Mercantile Agent to Whom the Possession of the Goods