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'Purchase by inspection' refers to a mode of purchase where the buyer physically visits the seller, inspects the goods or the whole lot, and then decides to buy. It is mostly used in retail buying.
'Purchase by inspection' is commonly used in retail buying, where buyers can personally examine the goods before purchasing.
'Purchase by sample' is a mode of purchase where the buyer examines a sample, which represents the quality and characteristics of the bulk goods, and agrees to purchase the bulk based on the sample shown.
A 'pattern' is a specimen of standard manufactured goods, such as cloth or mattresses, showing characteristics like shade or texture, which helps buyers place orders based on those standards.
A code number on a pattern can be quoted while placing an order, ensuring that the goods supplied match the quality and characteristics agreed upon by both the buyer and the seller.
'Purchase by description' is a mode of buying where the buyer places an order based on the description of the goods provided, without inspecting a physical sample.
A manufacturer may use 'purchase by description' when it is not practical to carry or show physical samples to all potential buyers, such as in the case of large items like furniture.
Catalogues provide detailed descriptions, specifications, and price lists of the products, enabling buyers to make informed decisions based only on the written or visual description.
Furniture is a common example, as manufacturers often sell based on catalogues with product descriptions rather than by carrying physical samples.
Brand names, like Surf or Pepsodent, become well-established, so buyers can simply mention the brand in their order without needing to inspect or sample the product.
It is agreed by both parties that the bulk supplied will match the quality of the sample shown during the deal.
Cloth and coir mattresses are commonly sold by showing patterns to buyers.
First, the buyer can verify the quality and condition of the goods; second, it reduces the risk of receiving defective or substandard products.
'Purchase by inspection' is less suitable for wholesale buying because inspecting large quantities of goods can be difficult and time-consuming.
Quoting the code number ensures the buyer receives the exact quality and type of goods agreed upon, as specified by the pattern.
The shade and texture are important in purchase by pattern, especially for products like cloth and mattresses.
Standard products, often with specific names or numbers, can be ordered simply by mentioning these identifiers, as their quality and features are already defined.
Purchase by sample is commonly used for foodstuffs, as buyers check the sample for quality before ordering in bulk.
If the delivered goods do not match the sample or pattern, the buyer can reject the goods, as it is a breach of agreement.
Godrej Storewell and Lifebuoy are examples of popular brands that can be ordered by description.