Retention of title/ownership of movable goods purchased on credit

Take scenario one, in which a purchaser pays the purchase price of a good in a one lump sum. In this case, they are entitled to take delivery of the goods, and ownership will be transferred from the seller to the purchaser. Here, the rights, title and interest of the property is passed from the seller to the purchaser, which would be the ideal scenario for both parties. But what if the purchaser cannot […]