An agreement used by a consignor (seller) wishing to place goods on consignment for resale with a consignee (buyer), drafted in favor of the consignor. This resource includes terms commonly found in a consignment agreement, including inspection and storage of the consigned goods, the passage of title and risk, as well as a grant of a security interest by the consignee. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both parties.