6 Del. C. § 2-326: Sale on approval and sale or return; rights of creditors.
Where this section sits in the code
- Title 6. Commerce and Trade
- SUBTITLE I
- Uniform Commercial Code
- ARTICLE 2. Sales
- Part 3
- General Obligation and Construction of Contract
(1) Unless otherwise agreed, if delivered goods may be returned by the buyer even though they conform to the contract, the transaction is
(a) a “sale on approval” if the goods are delivered primarily for use, and
(b) a “sale or return” if the goods are delivered primarily for resale.
(2) Goods held on approval are not subject to the claims of the buyer’s creditors until acceptance; goods held on sale or return are subject to such claims while in the buyer’s possession.
(3) Any “or return” term of a contract for sale is to be treated as a separate contract for sale within the statute of frauds section of this Article (Section 2-201) and as contradicting the sale aspect of the contract within the provisions of this Article on parol or extrinsic evidence (Section 2-202).
Collected 2026-09-05T23:02:06Z. Source file · JSON