The commission given by consignor to the consignee for taking additional risks of recovery of debts on account of sales made on credit is known as ________.
A) Over riding commission
B) Del-credre commission
C) Normal commission
D) None of these.
Correct Answer:
Verified
Q36: In Memorandum Joint Venture Account Method, the
Q37: Memorandum Joint Venture Account is prepared to
Q38: The share of profit of the co-venturer
Q39: Any bad debt incurred on account of
Q40: The person who send the goods to
Q42: The following accounts should be opened in
Q43: What are the two types of losses
Q44: The consignee is:
A)Principal
B)Agent
C)Buyer
D)Seller
Q45: Account sales is submitted by.
A)Consignor
B)Consignee
C)Principal to his
Q46: Del - credere commission is calculated on:
A)Credit
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