Coupon Accepted Successfully!



  • There is no actual sale; goods are sent only on approval basis
  • The transaction generally takes place between the wholesaler and the retailer
  • The ownership is passed only when the customer gives his approval
  • The buyer is given a stipulated time within which he has to send his approval or return the goods to the seller or inform the seller about his disapproval of goods
  • The customer is not liable to pay for the goods sent to him


Test Your Skills Now!
Take a Quiz now
Reviewer Name