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    Exam 21: Title, Risk, and Insurable Interest
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    Crest Jewelers Buys Diamonds from Excel Gems to Resell with the Right
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Crest Jewelers Buys Diamonds from Excel Gems to Resell with the Right

Question 3

Question 3

Multiple Choice

Crest Jewelers buys diamonds from Excel Gems to resell with the right to return the unsold stones in lieu of payment. This is


A) a bailment.
B) a consignment.
C) a sale on approval.
D) a sale or return.

Correct Answer:

verifed

Verified

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