approval sale

A sale on approval. 46 Am J1st Sales § 492.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • sale on approval — see sale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. sale on approval …   Law dictionary

  • sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …   Black's law dictionary

  • sale with right of redemption — A sale in which vendor reserves right to take back property by returning price paid. See also sale on approval sale or return, above …   Black's law dictionary

  • sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation …   Law dictionary

  • Approval — may refer to:* Approval rating, a polling term which reflects the approval of a particular person or program * Approval voting, a voting system * Approval of a drug, formal government approval of a medication for sale …   Wikipedia

  • approval — I noun acceptance, accord, acknowledgment, acquiescence, adoption, affirmance, affirmation, agreement, allowance, approbatio, approbation, assent, assurance, authentication, authorization, comprobatio, concordance, concurrence, confirmation,… …   Law dictionary

  • sale on approval — A species of conditional sale, which is to become absolute only in case the buyer, on trial, approves or is satisfied with the article sold. The approval, however, need not be express; it may be inferred from his keeping the goods beyond a… …   Black's law dictionary

  • approval — The act of confirming, ratifying, assenting, sanctioning, or consenting to some act or thing done by another. Approval implies knowledge and exercise of discretion after knowledge. McCarten v. Sanderson, 111 Mont. 407, 109 P.2d 1108, 1112. The… …   Black's law dictionary

  • Sale of Goods Act 1979 — The Sale of Goods Act 1979 is a British Act of Parliament (1979, ch 54) which regulates contracts in which goods are sold and bought. The Act consolidates the Sale of Goods Act 1893 and subsequent legislation, which in turn consolidated the… …   Wikipedia

  • sale on approval — A sale of personal property, sometimes called a sale on trial, which is subject to a condition precedent, namely the approval of the buyer, the latter having the right to reject the property as not suitable to his needs upon timely notice given… …   Ballentine's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.