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03-21-2008, 03:04 PM
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| What is the term for a person who acts as an exchange intermediary?
In certain cases when two parties want to exchange goods under a certain agreement that has to be abided by, an intermediary may be used. This intermediary retains these goods until the terms of the agreement have been fulfilled. If any of the parties violate the agreement, then the intermediary no longer returns the goods to any of the two parties (both lose). What is this intermediary usually called?      |
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