Goods That Are Consigned to Another Party

question 59

Multiple Choice

Goods that are consigned to another party:

• A) belong to the other party because title has passed.
• B) belong to the company that has consigned them.
• C) belong to the consignee.
• D) Both B and C are correct.

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Definitions:

Manifest Agreement

Manifest Agreement refers to a clearly expressed or demonstrated mutual understanding or contract between parties, often requiring no further evidence to prove its existence.

Written Word

Information or content that is expressed in written form, as opposed to spoken word or other modes of communication.

Advertised Reward

An offer of payment published to the general public for the performance of a specific task, such as information leading to the recovery of lost property.

Express Mail

Express Mail is a service that provides expedited mail delivery, often guaranteeing delivery by a specific time the following day or within a specified period.