Question: In a consignment arrangement, which of the following statements is true? Question options: The consignee delivers a product to the consignor to sell and the title is transferred to the consignor when the goods are received. The consignor delivers a product to the consignee to sell and the title is transferred to the consignee when the goods are received. The consignor delivers a product to the consignee to sell; however, the consignee has not obtained control of the product and does not hold legal title. The consignee delivers a product to the consignor to sell; however, the consignor has not obtained control of the product and does not hold legal title.