MANAGEMENT

Detailed explanation-1: -When a seller sends good to a buyer on approval basis or on terms similar to ‘on sale or return’, the property passes to the buyer only when: The buyer communicates his approval to the seller or does an act which signifies acceptance of the transaction.

Detailed explanation-2: -43. Buyer not bound to return rejected goods.-Unless otherwise agreed, where goods are delivered to the buyer and he refuses to accept them, having the right so to do, he is not bound to return them to the seller, but it is sufficient if he intimates to the seller that he refuses to accept them.

Detailed explanation-3: -Actual Delivery: Also known as physical delivery, actual delivery takes place when the goods are physically handed over by the seller or his/her authorized agent to the buyer or his/her agent authorized to take possession of the goods.