Multiple choice

The relationship between the consignor and consignee is like

  1. buyer-seller relationship

  2. debtor-creditor relationship

  3. principal-agent relationship

  4. banker-customer relationship

  5. none of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is principal-agent relationship. The consignor is principal while the consignee is agent.

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