What do you mean by Del Credere Commission
Answers were Sorted based on User's Feedback
Answer / yamini
This commision is paid by the consignor to the consignee
for taking additional risk of recovery of debts on account
of credit sales made by the consignee on consignor's
behalf .
Is This Answer Correct ? | 107 Yes | 6 No |
Answer / manish
An extra commission is allowed for undertaking the risk of
bad debts arising out of credit sales.This extra commission
is termed Del Credere commission.
Is This Answer Correct ? | 53 Yes | 8 No |
Answer / ankur
This commision is paid by the consignor to the AGENT for
taking additional risk of recovery of debts from the
consignee on account of credit sales made by the AGENT on
consignor's behalf .
Is This Answer Correct ? | 25 Yes | 4 No |
Answer / anusha
commission given to the consignee in addition to the normal commission the main purpose is the consignee to bear or absorber the loss of account of bad debts if any arising out of credit sales of consignment goods .once d consignee is received the dellcrader commission he becomes liable to all loss and account of non recovery of bad debts
Is This Answer Correct ? | 15 Yes | 1 No |
Answer / blessing mirabel
it is an extra commission given
to an agent who undertakes to
indemnify his principal against
bad debts in respect to the
goods sold on credit by the
agent.
Is This Answer Correct ? | 11 Yes | 1 No |
Answer / bellyncier
is a fee received by a sales agent from a principal for
guaranteeing the payment of goods sold on credit.
Is This Answer Correct ? | 4 Yes | 4 No |
Answer / pooja
It is a type of commission paid by the consignor for increase the sale & to encourage the consignee to make credit sale,so that the consignor provide an additional commission generally known as Del - Credere commission
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / jigs barot
it's sale promotion scheme.. Created by consignor... We can easily say that if consignor get benefits... He giveS obviously extra benefit to consignee making more suitable way for sales..
Is This Answer Correct ? | 0 Yes | 2 No |
Answer / pradeep reddy
This commission is given to the consignee to cover the risk of loss relating to bad debts
Is This Answer Correct ? | 0 Yes | 2 No |
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