The Consignement Agreement
The Consignement Agreement

Summary/Abstract: If until 1989, trading goods through consignment agreement was rarely used, the structural changes in the economy have imposed a broad application of the agreement in trade in post-revolutionary period. The consignment agreement has the following legal characteristics: main agreement, synallagmatic, for good and valuable consideration, intuitu personae, commutative, consensual, with no transfer of property and it is a named agreement. The conclusion of this agreement gives rise to obligations on the consignor and consignee. On the other hand, the execution of the consignment agreement gives rise to legal effects in relations between the consignee and third parties (buyers).

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