An agent employed to sell goods delivered to him by the principal is referred to as a
-
A.
special agent -
B.
del credere agent -
C.
factor -
D.
universal agent
Correct Answer: Option C
Explanation
A factor is a type of trader / agent who receives and sells goods on commission (called factorage). A factor is a mercantile fiduciary transacting business in his own name and not disclosing his principal.