47-2326. Sale on approval and sale or return;
rights of creditors


A. Unless otherwise agreed, if delivered goods may be returned by the buyer even
though they conform to the contract, the transaction is:


1. A "sale on approval" if the goods are delivered primarily for use, and


2. A "sale or return" if the goods are delivered primarily for resale.


B. 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.


C. 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 chapter (section 47-2201)
and as contradicting the sale aspect of the contract within the provisions of this
chapter on parol or extrinsic evidence (section 47-2202).