A True Consignment

Multiple Choice

A true consignment

A) is a situation in which ownership is held by the consignee until the item is sold.
B) is a type of lease.
C) involves an immediate transfer of title between the consignor and consignee.
D) is a type of security interest.
E) is an arrangement where ownership remains with the consignor until the goods are sold and the consignee is not obliged to pay anything to the consignor until the goods are sold.