Multiple choice

The relation between consigner and consignee is that of

  1. principal and agent

  2. seller and buyer

  3. master and servant

  4. debtor and creditor

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

There exists an agency relation between the consigner and consignee. In a sale transaction, there are buyer and seller or debtor and creditor. The master servant relations exist in case of employment.