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      Question

      Contract for sale

      is_____.
      A Defined in s. 54 of TP act. Correct Answer Incorrect Answer
      B Not defined in TP Act. Correct Answer Incorrect Answer
      C Defined in s.55 of TP Act. Correct Answer Incorrect Answer
      D Defined in sale of goods act. Correct Answer Incorrect Answer
      E Same as contract of sale. Correct Answer Incorrect Answer

      Solution

      As per TP Act, 1882 S. 54 Contract for sale.β€”A contract for the sale of immoveable property is a contract that a sale of such property shall take place on terms settled between the parties. It does not, of itself, create any interest in or charge on such property.

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