Under the UCC,a consignment is treated as what type of conditional sale?
A) sale on approval
B) ordinary lease
C) finance lease
D) sale or return
E) a bailment

Question

Quizplus · Accepted Answer

Under the UCC, consignment is treated as a sale or return, which means the consignee has the right to return the goods to the consignor if they cannot be sold. This is a type of conditional sale because the final sale is contingent on whether the goods are sold or returned.

Under the UCC,a Consignment Is Treated as What Type of Conditional