Multiple Choice
Which of the following is TRUE? A conditional sale is
A) a sale in which the seller refuses to give possession of the goods to the buyer until the buyer meets certain conditions,including providing assurances that the seller will get paid.
B) a sale in which the buyer gets possession of some goods but the seller retains title until the buyer pays the purchase price.
C) a sale in which the buyer gets possession of the goods and title to them but payment of the purchase price is deferred.
D) a sale in which the buyer refuses to buy the goods until certain conditions are met.
E) a sale in which the buyer has the option to return the goods for a refund.
Correct Answer:

Verified
Correct Answer:
Verified
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