Document background
A Simple Consignment Agreement is commonly used in commercial relationships where a business wants to sell goods through another party without transferring ownership until the final sale. This document, governed by English and Welsh law, establishes the terms under which goods are consigned, including commission structures, handling requirements, and risk allocation. It's particularly useful for businesses looking to expand their distribution network without the complexities of wholesale arrangements. The agreement typically includes provisions for inventory management, reporting requirements, and payment terms, while ensuring compliance with relevant UK commercial legislation.
