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Commission merchant
COMMISSION MERCHANT

Definition: A person who buys or sells goods on a commission basis.
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* All nine elements should be in.


1. Has a purpose and believes activity is a necessity.

2. Merchandise is legal, not banned and illegal items.

3. Owns the capital or funds with which a transaction is conducted.

4. The percentage offered will be considered by trader as adequate.

5. Won't swap originals for fakes and/or substandard.

6. Gets minimum (buying) or maximum (selling) prices.

7. Concludes or completes all transactions or dealings in good time.

8. Activities engaged in will achieve objective(s), without any loss.

9. Fulfils all legal obligations arising during the business dealings.
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