In a conditional sales contract,a contract is a ________ when the seller and buyer agree that the buyer may return the goods at a later time.
A)Sale-or-return contract
B)Return-or-purchase
C)Condition-or-sale contract
D)Sale-on-approval contract
E)Return-or-sale

Question

Quizplus · Accepted Answer

A)When a conditional sales contract is involved,a sale-or-return contract occurs
when the seller and buyer agree that the buyer may return the goods at a later time.
B)When a conditional sales contract is involved,a sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.
C)When a conditional sales contract is involved,a sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.
D)When a conditional sales contract is involved,a sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.
E)When a conditional sales contract is involved,a sale-or-return contract occurs when the seller and buyer agree that the buyer may return the goods at a later time.

In a Conditional Sales Contract,a Contract Is a ________ When