del credere agent meaning in Hindi

Examples

1. A Del Credere Agent not only establishes a privity of contract between the principal and the third party, but who also guarantees to the principal the due performance of the contract by the third party.
2. Neither does the statute apply to the promise of a del credere agent to make no sales on behalf of his principal except to persons who are absolutely solvent, and renders the agent liable for any loss that may result from the non-fulfilment of his promise.