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Q: What are the duties of the import broker on behalf of the supplier and the potential purchaser?
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Who is a broker?

A broker is the third person facilitator between a buyer and a seller. An example would be a Real Estate Broker who facilitates the sale or purchase of a property. A broker may also act on behalf of either the buyer or seller. An example would be a Stock Broker who makes the sale or purchase of securities on behalf of his client who is either buying or selling a security.Here is a list of several different types of brokers:Business brokerCommodity brokerConstruction equipment brokerForex BrokerInsurance brokerInvestment brokerMortgage brokerReal estate brokerRigs brokersShip brokerStock brokerYacht charter brokersCapacity brokerOff Business brokerMarriage broker


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


What is a e-broker?

e-broker


What is regulated broker?

A regulated broker is a broker that is listed in one or more of the regulatory bodies. A regulated broker is obligated to obey the restrictions and the limitations that are enforced by the regulatory body.


Who is a sub broker?

A sub broker is intemediatery channel of Broker who serves the services of its broker to clients and gets some commission. Sub broker of stock market, commodity market currency ,IPO M.F , Insurance ,real estate etc

Related questions

What is the role of a broker in security transactions?

The broker is neither the owner nor the purchaser of the security but simply executes the trade on behalf of the customer. "Full-service" brokers may also recommend securities for purchase or sale by the customer.


What are synonyms for broker?

dealer, agent, trader, supplier, merchant, negotiator, mediator, intermediary


What would a person use a website broker for?

A website broker is a middleman who offers to sell a website on behalf of a client. The services they offer include valuing a website, setting a marketing strategy, demonstrate the website to potential buyers, help with due diligence and negotiations, deal with the paperwork and provide after sales support.


What does a commodity options broker do?

A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission .


What are the Functions of a stock broker?

A stockbroker is a person or middle man who sell goods on the principals behalf.


What is a stock advisor?

A stock adviser is a person who is trained to give advice to a purchaser of stocks or bonds. This person is generally licensed as a broker as well.


Who is a broker?

A broker is the third person facilitator between a buyer and a seller. An example would be a Real Estate Broker who facilitates the sale or purchase of a property. A broker may also act on behalf of either the buyer or seller. An example would be a Stock Broker who makes the sale or purchase of securities on behalf of his client who is either buying or selling a security.Here is a list of several different types of brokers:Business brokerCommodity brokerConstruction equipment brokerForex BrokerInsurance brokerInvestment brokerMortgage brokerReal estate brokerRigs brokersShip brokerStock brokerYacht charter brokersCapacity brokerOff Business brokerMarriage broker


What is the role of a stock trading broker?

A stock trading broker's role is to buy and sell stocks and securities on behalf of someone else for a fee. A stock broker must have a professional designation depending on what securities they are selling and what services they provide their client.


What are the differences between a broker and an agent?

A broker is a certain kind of agent, which is the broader term. While an agent has the power and authority to act on one's behalf, a broker is one's agent to act - financially ( buy/sell securities or real estate) for a commission.


What is the difference between dealer and broker?

Broker buys/sells securties on his/her clients behalf and dealer buys/sells securties for his/her accounts. 1. A broker is a person who executes the trade on behalf of others, whereas a dealer is a person who trades business on their own behalf. 2. A dealer is a person who will buy and sell securities on their account. On the other hand, a broker is one who will buy and sell securities for their clients. 3. While dealers have all the rights and freedom regarding the buying and selling of securities, brokers seldom seldom have this freedom and these rights. 4. A broker has only a little experience in the field compared to dealers. It has also been seen that brokers become dealers once they get experience. 5. A broker is normally paid a commission for transacting the business. A dealer is not paid a commission, and he or she is a primary principal.


How does one find a good online commodity broker?

An online commodity broker is someone who places online trades on behalf of their clients. It is a good idea to choose a commodity broker that is based nearby, as this means you will be able to meet them. FutureSource and FutureBuzz have many listings for commodity brokers.


What job does a trading broker do?

A stock trader is one who sells assets on behalf of larger firms. A stock broker is also a sales agent while a trader is not. Traders do not have a lot of one on one contact with the client.