Sale of Goods on Approval Agreement | Practical Law

Sale of Goods on Approval Agreement | Practical Law

An agreement used by the parties to a sale of goods transaction where the buyer (consignee) receives the goods for evaluation before deciding whether to purchase the goods for its own use or return the goods to the seller (consignor).  This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both parties. 

Sale of Goods on Approval Agreement

Practical Law Standard Document 2-601-1746 (Approx. 69 pages)

Sale of Goods on Approval Agreement

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
An agreement used by the parties to a sale of goods transaction where the buyer (consignee) receives the goods for evaluation before deciding whether to purchase the goods for its own use or return the goods to the seller (consignor). This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both parties.