Multiple choice

In case of sale on approval, the ownership is transferred to the buyer, when he

  1. Adopts transaction

  2. Accept the goods

  3. Fails to return the good

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

This is TRUE for all options. In a sale on approval (or sale on return), ownership passes to the buyer when he adopts the transaction by expressly or impliedly accepting the goods, OR when he fails to return them within the specified time. All three scenarios represent the buyer's assent to the sale, triggering ownership transfer.

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