If the Terms of a Contract Make It Difficult to Determine

question 27

Multiple Choice

If the terms of a contract make it difficult to determine whether a particular transaction is a sale on approval or a sale on return, it will be considered a sale or return if the buyer took the goods

• A) primarily for use rather than for resale.
• B) primarily for resale rather than for use.
• C) on COD terms.
• D) in bulk.

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Definitions:

Anecdote

A short, amusing or interesting story about a real incident or person, often used to illustrate a point.

Psychic

Pertaining to phenomena or abilities claimed to be beyond the natural physical laws, such as extrasensory perception or telekinesis.

Poison

A substance that is capable of causing illness or death to organisms, typically by chemical reaction or other activity on the molecular scale, when an adequate quantity is absorbed.

Anecdotes

Short, often amusing or interesting stories about a real incident or person, typically used to illustrate or support a point.