RE: How can distinguish between the consignment and sale?

Help me to know the difference between the Sale of goods and consignment of goods.

Administrator Premier Asked on November 13, 2017 in Economics.
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1 Answers

In sale, the legal ownership of the goods sold is transferred to the purchaser of goods Whereas Consignment of goods , the legal ownership of the goods is not transferred to the consignment but the ownership of the goods remains vested in the consignor till the goods consigned are sold by the consignee

Premier Answered on November 13, 2017.
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