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Distinction between Consignment and Sales



Ownership of the goods rests with the consignor till the time they are sold by the consignee

The ownership of the goods transfers with the transfer of goods from the seller to the buyer

The consignee can return the unsold goods to the consignor

Goods sold are the property of the buyer and can be returned only if the seller agrees

Consignor bears the loss of goods held with the consignee

It is the buyer who will bear the loss if any

The relationship between the consignor and the consignee is that of a principal and an agent

The relationship between the seller and the buyer is that of a creditor and a debtor

Expenses incurred by the consignee to receive the goods and to keep it safely are borne by the consignor

Expenses incurred by the buyer are to be borne by the buyer himself, after the delivery of goods

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