Which of the following is TRUE? A conditional sale is
A) a sale in which the buyer gets possession of the goods and title to them but payment of the purchase price is deferred.
B) a sale in which the buyer gets possession of some goods but the seller retains title until the buyer pays the purchase price.
C) a sale in which the seller refuses to give possession of the goods to the buyer until the buyer meets certain conditions, including providing assurances that the seller will get paid.
D) a sale in which the buyer refuses to buy the goods until certain conditions are met.
E) none of the above.
Correct Answer:
Verified
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