consignment sale
A sale of an owner’s property (such as clothing or furniture) by a third party entrusted to make the sale. UCC § 9-102(a)(20). See CONSIGNMENT. [Cases: Factors 5, 20; Sales 8. C.J.S. Bailments § 11; Sales§ 3.]
A sale of an owner’s property (such as clothing or furniture) by a third party entrusted to make the sale. UCC § 9-102(a)(20). See CONSIGNMENT. [Cases: Factors 5, 20; Sales 8. C.J.S. Bailments § 11; Sales§ 3.]