In a conditional sales contract,a contract is a ______ if the seller allows the buyer to take possession of the goods before deciding whether to complete the contract by making the purchase.
A) Sale-on-approval contract
B) Sale-or-return contract
C) Condition-or-sale contract
D) Return-or-purchase
E) Return-or-sale

Question

Quizplus · Accepted Answer

A conditional contract is a sale-on-approval contract if the seller allows the buyer to take possession of the goods before deciding whether to complete the contract by making the purchase.

In a Conditional Sales Contract,a Contract Is a ______ If