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The description is failry broad but they acted as agents for other parties in this way.
If Mr A was in London but wanted to import tea, for instance, in Bristol he would want his interests looked after and would employ an agent to do this for him locally in return for a fee or commission. In this way he did not need to be in Bristol but was not at the mercy of local dock workers and shipping agents who might rip him off.
The term applied to all kinds of work, not just shipping, but was simply the employment of a local agent to look after your interests.
What else can I help you with?
Do IRS agents get a commission from their collections?
NO
How much do business insurance agents get paid annually in Ontario?
Insurance agents get paid on commission. The usual range for commission is between 5% and 15% of the amount of the premium sold. The average commission is about 10%.
Does the creative arts agency work off commission?
Agents make commission off their clients' work.
Commission rates for real estate agents are established by?
negotiations
What is s commission?
it is a payment given to agents for their services rendered for the business.
Do sports agents get paid overtime?
No. They usually work on a commission basis.
Commission rates of reliance life insurance individual or corporate agents?
Nowaday, Insurance commission rates are what? LIC org.
Does an insurance agent get commission on an annuity?
Yes, insurance agents typically earn a commission on annuities they sell. The commission structure can vary based on the type of annuity and the insurance company, but agents usually receive a percentage of the premium paid by the policyholder. This commission may be paid upfront or as a trail commission over time, depending on the agreement between the agent and the insurance company.
How do real estate agents get paid on rentals?
Real estate agents typically get paid on rentals through a commission based on a percentage of the total annual rent. This commission is usually paid by the landlord or property owner.
Is there a fee when using travel agents to book flights?
There is no fee that you have to pay while booking air tickets through travel agents. The travel agents get there commission from airlines.
What is deposit-commission basis?
Deposit-commission basis refers to a financial arrangement where a deposit is made, and a commission is earned based on that deposit. This model is commonly used in various financial services, such as real estate or investment sectors, where brokers or agents receive a commission for facilitating transactions involving deposited funds. The commission is typically calculated as a percentage of the deposit amount, incentivizing agents to secure higher deposits. This structure aligns the interests of agents with those of their clients, as both benefit from larger transactions.
What is the commission range for Indenting agents in Bangladesh?
In Bangladesh, the commission range for indenting agents typically falls between 2% to 5% of the total order value, depending on the industry and the nature of the products involved. Some agents may negotiate higher commissions for specialized or high-value items. Additionally, factors such as market demand and the level of service provided can also influence the commission rate.
