Question

___ is kept by the seller until the purchase price is paid according to the contract.

A. Bill of lading.
B. Promissory note.
C. Purchase order.
D. Bill of sale.

Answer 1

The seller keeps the Bill of Sale until the purchase price is paid according to the contract. Therefore, the correct option is D. Bill of sale.

Step-by-step explanation:

In the goods market, the seller keeps the Bill of Sale until the purchase price is paid according to the contract. A Bill of Sale is a legal document that records the sale of goods between a seller and a buyer. It includes important information such as the description of the goods, the purchase price, and the terms and conditions of the sale.