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SourceLaw Dictionary Browse Letter F

Factor

Legal definition for Indian law research

Definition

One who transacts business for another an agent a substitute especially a mercantile agent who buys and sells goods and transacts business for others in commission a commission merchant or consignee He may be a home factor or a foreign factor He may buy and sell in his own name and he is intrusted with the possession and control of the goods and in these respects he differs from a broker

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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