Question
As per the Sales of Goods Act, 1930 when does an
agreement to sell becomes a sale?Solution
Section 4 An agreement to, sell becomes a sale when the time elapses or the conditions are fulfilled subject to which the property in the goods is to be transferred
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A manufacturer produces 500 units of a certain product, with each unit costing him Rs 120 to produce. Out of these, he sells 300 units at a profit of 15...
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