Del Credere Agents Are Generally Paid a Higher Commission Than

question 64

Multiple Choice

Del credere agents are generally paid a higher commission than other agents because:

• A)They agree to indemnify the principal in the event of non-performance by the third party.
• B)They have special skills and experience.
• C)They agree to indemnify the principal in the event of negligence on their part.
• D)They work in at the upper end of the stock market dealing with high volumes of premium stocks and shares.

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Definitions:

Human Right

A right that is believed to belong justifiably to every person, encompassing basic freedoms and protections that should be upheld by all societies.

Security Laws

Regulations designed to protect investors, ensure fair market operations, and prevent financial frauds, governing the trade of stocks, bonds, and other securities.

Internet Growth

The rapid expansion of internet accessibility, usage, and technology developments, leading to widespread changes in communication, commerce, and information sharing globally.

Living Wage

A wage level that enables an employee to afford a basic but decent standard of living, considering the cost of living in their area.