sale or return

The supplies are on sale or return and there is a deposit on the raft.

Why does the books business still have sale or return, a practice that would be anathema to other fast-moving consumer goods industries?

Sale or return (time of supply)

Sale or return (pactum displicentiae) is a type of conditional sale often encountered in practice.

Sale or Return.

They'll have been supplied by a vehicle manufacturer or other supplier on a sale or return (SOR) basis.

Mackeurtan, however, feels that contracts of sale or return are examples of contracts subject to a resolutive condition.

Critics have also lamented the associated record companies claiming high record sales but instead measuring the number of copies shipped to music stores in sale or return.

About 60pc of HMV's music stock is back catalogue, but it is discussing taking only a portion of these older releases on sale or return.

The drink, red and white wine plus Australian fizz, was being delivered on Friday morning from Bottoms Up, on sale or return, and they were lending the glasses.

If you are involved in part-exchange, sale or return, credit sales, deposits, vouchers, coupons, or other special transactions, you will have to make other adjustments to your daily takings.

Stocked titles are usually also available via sale or return, meaning that the book store can return unsold stock for full credit at anything up to one year after the initial sale.

'Rule 4: When goods are delivered to the buyer on approval or on sale or return or other similar terms the property in the goods passes to the buyer:

Rule 4: when goods are delivered on sale or return, or on approval, property passes when the buyer adopts the transaction (or fails to give notice of rejection within a reasonable time).

If the commodity is being sent or taken on sale or return, or similar terms, it has not been sold and you still own it until such time as it is adopted by your customer.

If the goods were originally sent out of the EU temporarily - for example for exhibition, or because they were on sale or return and they were returned - there is no UK VAT due on import.

LITERALLY BEHIND THE TIMES Books are still subject to resale price maintenance, sale or return is the norm, and only a third of all retailers have embraced electronic point of sale techniques.

If you send goods outside the EU temporarily for exhibition, or sell goods on sale or return and they're returned, then no sale has taken place and you don't have to pay VAT in the UK when the goods are returned.

The supply of goods on sale or return is deemed to be a supply of goods (transfer of own goods) in the Member State from which they are sent and an acquisition in the EU Member State to which the goods are transferred by the business sending them.