The Parties also acknowledge that any statements or assurances made prior to this Agreement are invalid and ineffective and that neither of them has relied on them to deal with the other. The sales or restitution agreements provide for precisely such a transaction. In such cases, ownership of the goods in question is transferred to the reseller, but is subject to a contractual right to return them upon a full refund within a prescribed period. Stay in regular contact with the retailer and put an accurate record of sales. Suppose we explain the sale or return to an alien. Or a six-year-old. Or a six-year-old alien. Selling or returning could kill your business. Let me explain. If your items have a very high selling price and the investment would be too much for a retailer, you may decide that selling or returning is the best way to sell your products. If you are very new and/or have identified a “Must Have” reseller to advance your product, you can reach an agreement while “testing” the suitability of your brand in your store for a limited time.
At the end of the period, you can switch to wholesale terms or subcontractors. In the case of operations where goods are delivered for resale, especially when it comes to new products and / or new markets, it may be desirable that unsold products can be returned to the supplier without loss to the reseller. Compared to selling or returning, the wholesale trade is clean and simple….