Which of the following statements is false in relation to consignment?
1
The relationship between the consignor and the consignee is that of a principal and an agent.
2
The legal ownership and title of goods is not transferred to the consignee.
3
Despatch of goods on consignment amounts to sale of goods by the consignor
4
The consignee does not become the debtor of the consignor on receipt of goods.