Multiple choice

If the consignee is not authorised to get del credere commission, then

  1. he is liable for all losses on account of non recovery of debts due to insolvency of customers

  2. he is not liable for all losses on account of non recovery of debts due to dispute

  3. he is not liable for all losses on account of non recovery of debts due to insolvency of customers

  4. none of these
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C Correct answer
Explanation

 If a consignor provides Del-credere commission to the consignee, consignee will be held liabloe for all the losses due to non recovery of debts. In the absence of the same, consignor will be liable not the consignee.

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