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     EduGorilla 
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    Which of the following statement is correct according to section 2(9) of the Sale of Goods Act ?
    “Mercantile Agent” means a mercantile agent

    Options :-

    1. having in the usual course of business as such seller authority either to sell goods, or to consign goods for the purpose of sale, or to buy goods, or to distribute money for security of goods.

    2. having in the customary course of business as such agent authority to sell goods.

    3. having in the customary business as such agent power either to sell goods, or to mortgage goods for purpose of sale.

    4. having in the normal course of business as such agent authority to confine goods or to raise goods for purpose of the security of money.

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