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Under sales on return or approval basis, the ownership of goods is passed only
  • a)
    When the retailer gives his approval
  • b)
    If the goods are not returned within specified period.
  • c)
     Both a & b 
  • d)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Under sales on return or approval basis, the ownership of goods is pas...
And b
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Community Answer
Under sales on return or approval basis, the ownership of goods is pas...
It is obvious
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Under sales on return or approval basis, the ownership of goods is passed onlya)When the retailer gives his approvalb)If the goods are not returned within specified period.c)Both a& bd)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
Under sales on return or approval basis, the ownership of goods is passed onlya)When the retailer gives his approvalb)If the goods are not returned within specified period.c)Both a& bd)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Under sales on return or approval basis, the ownership of goods is passed onlya)When the retailer gives his approvalb)If the goods are not returned within specified period.c)Both a& bd)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under sales on return or approval basis, the ownership of goods is passed onlya)When the retailer gives his approvalb)If the goods are not returned within specified period.c)Both a& bd)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
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