A 'factor' is a mercantile agent who in the ordinary course of business is entrusted with possession of goods or of the documents of title thereto1, and a 'broker' is a mercantile agent who in the ordinary course of his business is employed to make contracts for the purchase or sale of property or goods of which he is not entrusted with the possession or documents of title2.
A forwarding agent is one who undertakes the shipment or transmission of goods3. There is a custom of the trade that a forwarding
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