{"id":56951,"date":"2024-04-16T00:53:37","date_gmt":"2024-04-16T00:53:37","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=56951"},"modified":"2024-04-16T00:53:37","modified_gmt":"2024-04-16T00:53:37","slug":"del-credere-commision-is-paid-to-the-agent-for","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/del-credere-commision-is-paid-to-the-agent-for\/","title":{"rendered":"Del-credere commision is paid to the agent for:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;His hard work&#8221; option2=&#8221;Meeting incidental expenses&#8221; option3=&#8221;Undertaking responsibility of payment from buyers&#8221; option4=&#8221;Achieving targets of sales set by the principal&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is C. Undertaking responsibility of payment from buyers.<\/p>\n<p>Del credere commission is a type of commission paid to an agent who undertakes the risk of non-payment by the buyer. This means that the agent is responsible for collecting payment from the buyer, even if the buyer does not pay. The agent is paid a commission on the sale, regardless of whether or not the buyer pays.<\/p>\n<p>Option A is incorrect because del credere commission is not paid for the agent&#8217;s hard work. The agent is paid a commission regardless of how much work they do.<\/p>\n<p>Option B is incorrect because del credere commission is not paid to meet incidental expenses. The agent is responsible for meeting their own incidental expenses.<\/p>\n<p>Option D is incorrect because del credere commission is not paid for achieving targets of sales set by the principal. The agent is paid a commission on the sale, regardless of whether or not they achieve the principal&#8217;s sales targets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;His hard work&#8221; option2=&#8221;Meeting incidental expenses&#8221; option3=&#8221;Undertaking responsibility of payment from buyers&#8221; option4=&#8221;Achieving targets of sales set by the principal&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-56951","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Del-credere commision is paid to the agent for:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/del-credere-commision-is-paid-to-the-agent-for\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Del-credere commision is paid to the agent for:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;His hard work&#8221; 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