| Consignment | Sale |
|---|---|
| Ownership of the goods remains with the consignor till they are sold by the consignee. | Ownership of the goods transfers with the transfer of goods from the seller to the buyer. |
| The consignee can return the unsold goods to the consignor. | Goods sold are the property of the buyer and can be returned only if the seller agrees. |
| Consignor bears the loss of goods. | Buyer will bear the loss after the transfer of goods, if any. |
| Principal and agent relationship exists between the consignor and the consignee. | Creditor and a debtor relationship exists between the seller and the buyer. |
| Expenses incurred by the consignee to receive the goods are borne by the consignor unless there is any other agreement. | Expenses incurred by the buyer are borne by the buyer itself after the transfer of goods. |