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contrato de deposito comercial gratuito

English translation: consignment sale contract


GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:contrato de deposito comercial gratuito
English translation:consignment sale contract
Entered by: Catherine Harrison
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00:04 Jul 4, 2009Login or register (free) for more options.
Spanish to English translations [PRO]
Law/Patents - Business/Commerce (general)
Spanish term or phrase: contrato de deposito comercial gratuito
I believe this refers to the producer giving products to the salesman to hold for sale and then the salesman pays for the article when it is sold.
Catherine Harrison
Mexico
Local time: 10:23
consignment sale contract
Explanation:
Your explanation of the meaning fits U.S. consignment sales arrangements very well. The agent takes possession of the assets without investing money in them, but then upon sale of an item he takes a percentage of the sale price as something like a 'commission' or 'fee'.
I hope that this helps in your context. Best of luck.
Selected response from:

Richard Boulter
United States
Local time: 09:23
Grading comment
i thank both answerers very much. I am selecting this answer because frankly it's the one i'm familiar with, althoug the cites for the other answer are excellent. Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1"Bailment contract"
eski
4consignment sale contract
Richard Boulter


  

Answers


12 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
"Bailment contract"


Explanation:
Commerce & Finance and Corporate, Commercial, & General Law subjects. ... If you have questions about this dictionary please feel free to contact us ...
www.businessdictionary.com/.../contract-of-bailment.html - En caché - Similares
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Note added at 13 mins (2009-07-04 00:17:19 GMT)
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bailment
Definition
Transfer of personal property by one party (the bailor) in the possession, but not ownership, of another party (the bailee) for a particular purpose. Such transfer is made under an express or implied contract (called bailment contract or contract of bailment) that the property will be redelivered to the bailor on completion of that purpose, provided the bailee has no lien on the goods (such as for non-payment of its charges). The bailee is under an obligation to take reasonable care of the property placed under its possession. Bailment contracts are a common occurrence in everyday life: giving clothes to a launderer, leaving car with an auto mechanic, handing over cash or other valuable to a bank, etc


eski
Mexico
Local time: 10:23
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 289

Peer comments on this answer (and responses from the answerer)
agree  anne wagner-findeisen: yes
5 hrs
  -> Thanks Anne; appreciate your confirmation :))
Login to enter a peer comment (or grade)

15 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
consignment sale contract


Explanation:
Your explanation of the meaning fits U.S. consignment sales arrangements very well. The agent takes possession of the assets without investing money in them, but then upon sale of an item he takes a percentage of the sale price as something like a 'commission' or 'fee'.
I hope that this helps in your context. Best of luck.

Richard Boulter
United States
Local time: 09:23
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 26
Grading comment
i thank both answerers very much. I am selecting this answer because frankly it's the one i'm familiar with, althoug the cites for the other answer are excellent. Thank you!
Login to enter a peer comment (or grade)




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