Del credere agents

A del credere agent is a mercantile agent who guarantees his principal for the collection of dues from the customer to whom credit sales are made. If they do not pay, the agent would bear the loss himself. In return for his guarantee, he is given an extra commission known as ‘Del Credere commission. It is paid to the agent in addition to the usual commission.A Del credere agent shall be very cautious in extending credit. He will extend credit sales only to a person of probity and reliability.

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