A conditional sales contract is useful to the seller because:
A) the firm retains legal ownership of the goods until they are completely paid for.
B) the firm is compensated for their opportunity cost.
C) there is a sequence of scheduled payments.
D) All of these.
E) None of these.

Question

Quizplus · Accepted Answer

A conditional sales contract provides benefits to the seller such as retaining legal ownership of the goods until they are completely paid for, compensation for the opportunity cost, and a sequence of scheduled payments. Therefore, all of these options are correct.

A Conditional Sales Contract Is Useful to the Seller Because