Georges grocery orders two dozen live lobsters from sea, Ask an Expert

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George's Grocery orders two dozen live lobsters from Sea Food Flyers. George's is to keep the lobsters happy by keeping them in a tank following certain instructions to keep the water at the right temperature, etc. The sale is made on a trial basis and George's may return all unsold lobsters at the end of 10 days. This contract is a:

a. contract to sell future goods.

b. sale on approval.

c. conditional sale.

d. sale or return.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M946096

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