The extra commission for pledging full settlement of the wholesaler to the manufacturer?
- Warehousing
- Quality Control
-
Financing
- Bulk -breaking
The correct answer is: C
Explanation
In the context of wholesaling, the term “financing” refers to the extra commission that a wholesaler might earn for pledging full settlement to the manufacturer. This is often seen with del credere agents, who guarantee payment to the manufacturer. In exchange for taking on this additional risk, they receive an extra commission known as del credere commission.