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  • If goods are given to retailer on sale or on return basis...
Multiple choice

If goods are given to retailer on sale or on return basis, the ownership is passed to him when

  1. he receives the goods.

  2. goods are not returned by him during the specified period.

  3. he gives his approval.

  4. both (2) and (3).

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In both these cases, the ownership is passed.

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