Multiple choice

The relationship between the consignor and the consignee is that of

  1. principal and agent

  2. buyer and seller

  3. master and servant

  4. partners

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A Correct answer
Explanation

 The party that sends goods (Consignor) is called Principal and the party that receives goods (Consignee) is called Agent. Hence, relationship between Consignor and Consignee is that of Pricipal and Agent.