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Supplier Consignment Agreement

Supplier Consignment Agreement

Here are some advantages of a simple consignment contract: as with any other legal document, the identification of the parties and the date of the agreement are mandatory. Payments to the seller would be made only after the counterparty had sold the products to a final consumer. The seller (the sender) puts the products in the hands of the other party (the recipient) but reserves ownership until the products are sold. Typically, sales to customers take place in a consignment store or warehouse.. . . .

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