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6 Consignment inventory is an arrangement whereby inventory is held by one party but owned by another party. It is common in the motor trade.
6 Consignment inventory is an arrangement whereby inventory is held by one party but owned by another party. It is common in the motor trade. Which TWO of the following indicate that the inventory in question is consignment inventory? A Manufacturer can require dealer to return the inventory B Dealer has no right of return of the inventory C Manufacturer bears obsolescence risk D Dealer bears slow movement risk
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