Goods are given on 'sale or return' to B who retains them beyond the time fixed without giving notice of rejection. Under Section 24 of the Sale of Goods Act, 1930 the property in the goods:

Under the sale-or-return rule in Section 24, the property passes to the buyer when he signifies approval or acceptance, when he does an act adopting the transaction, or when he retains the goods beyond the time fixed (or, if no time is fixed, beyond a reasonable time) without communicating rejection. Retention without rejection is deemed an adoption of the transaction. Therefore, mere lapse of the fixed period converts the 'sale or return' into an absolute sale, with risk and property passing to the buyer. The seller's remedy then is only for the price.