contract of sale or return

See sale or return.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • sale and return — A species of contract by which the seller (usually a manufacturer or wholesaler) delivers a quantity of goods to the buyer, on the understanding that, if the latter should desire to retain or use or resell any portion of such goods, he will… …   Black's law dictionary

  • sale or return — A type of conditional sale wherein the goods may be returned to the seller though they conform to the contract if the goods are delivered primarily for resale. U.C.C. No.No. 2 326(1), (3), 2 327. A contract for sale of goods whereby title passes… …   Black's law dictionary

  • sale or return — A sale defeasible upon condition subsequent, title to the goods passing to the purchaser, subject to being divested out of him and revested in the seller by a return of the goods according to the terms of the contract. Anno: 52 ALR 596; 46 Am… …   Ballentine'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

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   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

  • Contract — law …   Wikipedia

  • Contract Law of Saudi Arabia —    Contract Law of Saudi Arabia Legal System Hanbali School of Sharia Law, Sunni …   Wikipedia

  • 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 — noun 1 act of selling sth; occasion when things are sold ADJECTIVE ▪ quick ▪ The price is low to ensure a quick sale. ▪ illegal ▪ the illegal sale of alcohol ▪ art …   Collocations 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.