Fulfillment: California Court Clarifies Rule on Cataloger Fees

Idea Factory: What’s the difference between a sale-on-approval and a shipment contract?

Dougherty: Under the Uniform Commercial Code there are three types of contracts, two of which were pertinent to this case.

One is a sale-on-approval contract. This is when I send a good to a customer and say: “Try it out. If you like it, you tell me, and I’ll charge you for it. If not, send it back.” The questions, though, are when does title for the good transfer, and who bears the risk of loss if the product is not delivered?