ICSE BoardEnglish MediumSTD 10Commercial StudiesCONSUMER PROTECTION2 Marks
Question
What do you mean by sale on approval or return?
✓
Answer
Sale on approval or return means the buyer can approve and purchase the goods or return them back to the seller. Such sale is at the option of the consignee (receiver of goods). The sender of goods (consignor) can claim payment only after the consignee approves and buys the goods.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.