Asked by manuel castro on Jun 17, 2024
Verified
A conditional sales contract is a type of contract that occurs when the purchased goods are in some kind of storage under the control of a third party,such as a warehouseman.
Conditional Sales Contract
A type of contract in which the sale itself is contingent on approval; can be either a sale-on-approval contract or a sale-or-return contract.
- Discern between different sales types and comprehend the title concepts as specified by the Uniform Commercial Code.
Verified Answer
TO
Tosha OsborneJun 21, 2024
Final Answer :
False
Explanation :
A goods-in-bailment contract is a type of contract that occurs when the purchased goods are in some kind of storage under the control of a third party,such as a warehouseman.
Learning Objectives
- Discern between different sales types and comprehend the title concepts as specified by the Uniform Commercial Code.
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