A __________ is a delivery of possession of personal property to an agent for sale by the agent.
A)sale on approval
B)consignment
C)sale or return
D)None of the above.

Question

Quizplus · Accepted Answer

Consignment involves delivering possession of personal property to an agent for sale by the agent. The agent receives a commission on the sale and the owner retains ownership of the property until it is sold. Sale on approval and sale or return involve different arrangements for the sale of goods.

A __________ Is a Delivery of Possession of Personal Property