What type of contract does Cleo have with Kool Klothes?
A)Simple Delivery Contract
B)Goods In Bailment Contract
C)Sale-On-Approval Contract
D)Common Carrier Delivery Contract
E)Sale-Or-Return Contract

Question

Quizplus · Accepted Answer

A)A sale-or-return contract occurs when the seller and buyer agree that the buyer
may return the goods at a later time.Such contracts usually occur when the buyer is buying inventory to resell.
B)A sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.Such contracts usually occur when the buyer is buying inventory to resell.
C)A sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.Such contracts usually occur when the buyer is buying inventory to resell.
D)A sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.Such contracts usually occur when the buyer is buying inventory to resell.
E)A sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.Such contracts usually occur when the buyer is buying inventory to resell.

What Type of Contract Does Cleo Have with Kool Klothes