INTERVIEW QUESTIONS FINANCIAL ACCOUNT CONSIGNMENT ACCOUNT DETAILS

Question: What is Del Credere Commission?

Answer: The additional commission for which the consignee guarantees debts is called Del Credere Commission. The agent is responsible for bad debts but not for loss due to dispute between the buyer and the seller. Del Credere Commission is payable on total sales and not merely on credit sales.

The additional commission for which the consignee guarantees debts is called Del Credere Commission. The agent is responsible for bad debts but not for loss due to dispute between the buyer and the seller. Del Credere Commission is payable on total sales and not merely on credit sales.
Source: CoolInterview.com

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