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The commission agent accepts or sells goods for the account of his principal, but in his own

name. He is independent of his principal, has a claim for his commission, and, except in France,
has the right when dealing with certain goods to conduct the transaction as he sees fit.

In business law, a del credere agency is a type of principal-agent relationship wherein the
agent acts not only as a salesperson or broker for the principal, but also as a guarantor of
credit extended to the buyer. If the buyer is unable to pay the bill after the transaction is
completed, a del credere agent may become liable for the amount that was unable to be
collected.
An employee of an employer is entitled to commissions he/she procures from a ready, willing and able
purchaser. The procuring cause doctrine is a default rule for interpreting a contract that is silent
regarding the intent of the parties regarding post-termination commissions. The default rule is that
such commissions must be paid irrespective of whether the employee is employed at the time the
commission is to be paid. The procuring cause doctrine is derived from the basic principle of good
faith and fair dealing that is implied in a sales commission contract

ready, able and willing or ready, willing and able


As defined and explained in Real Estate Defined

An expression used to describe a prospective purchaser who is in a position to sign


a bindingcontract; one who is prepared, legally capable and financially able to
purchase a property. An agent or broker's commission may be made payable upon
condition that he procures a purchaser who is 'ready, able and willing' to execute an
unconditional contract on terms specified by the seller. In such an instance, as a
rule, if the agent fulfils that condition, even if the seller refuses to conclude the sale
or withdraws the property, he has earned his commission. Also, as a rule, if nothing
is expressed to the contrary as to an agent's obligation, he is entitled to a
commission when a purchaser has been procured who is 'ready, able and willing' to
purchase the listed property on the seller's terms.
FACTORAGE The commission or charges payable to a factor.

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