New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    According to Sale of Goods Act, 1930

    “goods” 
    A include every kind of moveable property including actionable claims and money Correct Answer Incorrect Answer
    B Does not include crops, grass Correct Answer Incorrect Answer
    C Includes things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale; Correct Answer Incorrect Answer
    D include stock but not shares Correct Answer Incorrect Answer
    E Includes to be manufactured or acquired by the seller after the making of the contract of sale Correct Answer Incorrect Answer

    Solution

    Section 2 of Sale of Goods Act, 1930 ‘goods’ means every kind of moveable property other than actionable claims and money; and includes stock and shares, growing crops, grass, and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale

    Practice Next

    Relevant for Exams: