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What is sale on approval? - Commercial Applications

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Question

What is sale on approval?

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Solution

Goods are sent to prospective buyers for inspection and approval. After checking the goods, buyers may decide to buy them or return them back to the seller.

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Meaning of Sales
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Chapter 4: Sales and Selling Process - EXERCISES [Page 73]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 4 Sales and Selling Process
EXERCISES | Q 8. | Page 73
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 4 Sales and Selling Process
QUESTION BANK | Q 9. | Page 75
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