What term describes giving merchandise to an agent to be cared for or sold?

• A. Consumer Value Index
• B. Copper
• C. Consignment
• D. Crepe

Answer: (C)

Consignment describes giving merchandise to an agent to be cared for or sold while the original owner retains ownership until a sale occurs. The agent handles storage, display, and selling on behalf of the owner, and payment to the owner happens only after the item sells, often with the agent earning a commission. Unsold items can usually be returned or kept on consignment. The other terms don’t fit this situation: copper is a metal, crepe is a fabric or pancake, and the Consumer Value Index is a metric, not a arrangement for handling goods.