In South Carolina, selling on consignment involves an agreement between the consignor (the owner of the goods) and the consignee (the seller) where the consignee sells the goods on behalf of the consignor. The law requires that this agreement be clear about the terms, including the division of profits and responsibilities for unsold items. It is advisable for both parties to maintain written records of the transaction. Additionally, the consignee must comply with any applicable business licensing and tax obligations.
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