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In a consignment, who retains the risks and rewards of ownership of the property?

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Final answer:

In a consignment, the consignor retains the risks and rewards of ownership of the property.

Step-by-step explanation:

In a consignment, the consignor retains the risks and rewards of ownership of the property. The consignor is the person or entity who owns the property and gives it to another person or entity, known as the consignee, to sell on their behalf. The consignor still owns the property until it is sold, and they bear the risk of loss or damage to the property while it is in the consignee's possession.

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