Goods That Are Consigned to Another Party

question 53

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 consignor.
• D)Both B and C are correct.

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Definitions:

Aggregate

A collection or sum of many individual parts, units, or individuals considered as a whole in statistics or research.

Collective

Refers to actions or situations that involve or are done by a group of people working together.

Audience Effect

The influence that the presence of others has on an individual's performance or behavior.

Drive Theory

A psychological framework suggesting that motivation arises from biological needs that drive behavior to satisfy them.