In a __________, no sale takes place (meaning there is no transfer of title) until the buyer approves, or accepts, the goods.

Question

Quizplus · Accepted Answer

A sale on approval is a type of sale where the buyer has the right to inspect and approve the goods before the sale is completed. Until the buyer approves the goods, there is no transfer of title from the seller to the buyer. This type of sale is also known as a sale on satisfaction or approval.

In a __________, No Sale Takes Place (Meaning There Is