On a Consignment Sale, the Payment Risk Is

question 86

Multiple Choice

On a consignment sale, the payment risk is:

• A) assumed by the buyer.
• B) assumed to be equally shared.
• C) carried by the seller.
• D) covered by insurance.
• E) covered by the bank issuing the L/C.

---

Definitions:

Tool Set

A collection of tools or resources grouped together for a specific purpose or task.

Dish Set

A collection of dishware that typically includes plates, bowls, cups, and sometimes additional items, used for serving and eating meals.

Preschool Boys

Young male children, typically under the age of 5, who are in the early childhood phase prior to attending kindergarten.

Delicate and Weak

This phrase refers to something or someone that is fragile, lacking in strength or vigor.