Paramount Bookstores buys fifty cases of an assortment of books from Quixote Publishing with the right to return the unsold books in lieu of payment. This is
A) a bailment.
B) a lease.
C) a sale on approval.
D) a sale or return.

Question

Quizplus · Accepted Answer

A sale or return is a contract in which the buyer has the right to return the goods to the seller if they are not satisfied with them. This is the case in this question, as Paramount Bookstores has the right to return the unsold books in lieu of payment.

Paramount Bookstores Buys Fifty Cases of an Assortment of Books