sale or return
- A type of provisionary sale where the transaction is finalized based on the buyer's approval, primarily for resale. The buyer has the freedom to return the items if they are not sold, even if they meet the contractual obligations
- The clothing store often makes purchases on a sale or return basis to manage their inventory risk.
- The arrangements agreed upon in the contract state that the electronic goods are provided on a sale or return basis, allowing the buyer to return unsold merchandise.
- Considered a beneficial strategy for risk mitigation, sale or return contracts are commonly used in the book publishing industry.