Accountancy, asked by viveknk53, 6 months ago

what is meant by the term goods repossessed??
​

Answers

Answered by bombboy
2

Answer:

A seller's right to repossess goods means that if a buyer fails to make a payment, the seller can take it back. Often, this means that the buyer loses both the item AND any money she has paid for the item to that point.

Explanation:

Previous Question
Next Question
Similar questions
English, 3 months ago
"The ways of Providence are strange!"How is this true in case of Don Gonzalo and Dona Laura?
Computer Science, 3 months ago
In a running race of 5 students ,Ahmed was ahead of john .Gautam was between Ahmed and Sameer.Harbhajan was between john and Ahmed who was at the centre​...
Computer Science, 3 months ago
which of the following features are enabled by default im drupal through a plug in events calendar through server side scripting blog chatt​...
Physics, 6 months ago
please see the above picture ​...
Psychology, 6 months ago
Define each of the following: consensus, consistency, distinctiveness. Then, write about how one of these relate to your judgement of the behavior you described above.​
Hindi, 11 months ago
पत्रकारिता किसे कहते है?​
Science, 11 months ago
name part of neuron where information accuired​...
Physics, 11 months ago
Differentiate between the following: 1. Temporary and permanent magnets 2. Attraction and repulsion of magnets The difference between a permanent magnet and a temporary magnet is in their atomic structures. Permanent magnets have their atoms aligned all the time. Temporary magnets have their atoms aligned only while under the influence of a strong external magnetic field.​