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Question

A/An_____is an agent who sells goods by auction.

A
Broker
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B
Factor
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C
Del Credere Agent
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D
Auctioneer
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Solution

The correct option is D Auctioneer
An auctioneer is an agent who is entrusted with the possession of goods for sales to the highest bidder at a public auction. He has the authority to deliver the goods on receipt of the price. He can sue for the price in his own name. However, unlike a factor, he has only 3 particular lien on the goods for his charges.

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