Which of the following statements accurately describes conditional contracts?
A)Sale-on-approval contracts and sale-or-return contracts,but not condition-or-sale contracts
B)Sale-on-approval contracts,sale-or-return contracts,and condition-or-sale contracts
C)Sale-on-approval contracts,but not sale-or-return or condition-or-sale contracts
D)Sale-or-return contracts and condition-or-sale contracts,but not sale-on-approval contracts
E)Condition-or-sale contracts and sale-on-approval contracts,but not sale-or-return contracts

Question

Quizplus · Accepted Answer

A)Conditional contracts are either sale-on-approval contracts or sale-or-return
contracts.
B)Conditional contracts are either sale-on-approval contracts or sale-or-return contracts.
C)Conditional contracts are either sale-on-approval contracts or sale-or-return contracts.
D)Conditional contracts are either sale-on-approval contracts or sale-or-return contracts.
E)Conditional contracts are either sale-on-approval contracts or sale-or-return contracts.

Which of the Following Statements Accurately Describes Conditional Contracts