Consignment Agreement
This agreement is made on (date) between (name of shop) ,
herein referred to as "Seller", and (individual)
Whereas (individual) wishes to sell (description of item(s)) by
consigning said item(s) to (name of shop) for sale, it is understood:
* consign A to B = A를 B에게 위탁하다
That Seller agrees to display item(s) in a prominent place in his establishment.
* prominent = 눈에 잘 띄는; 중요한/ establishment = 기관, 시설
That Seller will make every attempt to obtain the best possible price
for the consigned merchandise and will accept no less than $ as purchase price.
That for his efforts Seller is entitled to retain (percent) of the purchase price.
* be entitled (to sth/ to doing sth) = ~할 권리(자격)가 있는
That should a sale be effectuated, Seller shall forward a check for the amount of
the full purchase price less the aforementioned (percent) to Consignee within
10 days of the receipt of same.
* effectuate = 발효시키다, 유발하다/ forward = 보내다, 전달하다/ consignee = 수탁인
That Seller represents that he maintains insurance for theft and damage, and
that the consigned merchandise will be covered by said insurance while it is in his possession.
That Consignee agrees to leave the merchandise with Seller for a minimum of (time)
That should the merchandise remain unsold at the end of the consignment period and
an election be made by the Consignee to remove said merchandise, any costs incurred
by the delivery of same to Consignee shall be borne by Consignee.
* incur = (비용을) 발생시키다(물게 되다)/ be borne by ~ = ~가 부담하다
