New How to prepare ESI for NABARD Prelims & Mains- Sources & Strategy
Register

Question

According to Sales of Goods Act, 1930 Where there is an unconditional contract for the sale of specific goods in a deliverable state,

A the property in the goods passes to the buyer at the time of delivery Correct Answer Incorrect Answer
B the property in the goods passes to the buyer at the time of payment Correct Answer Incorrect Answer
C the property in the goods passes to the buyer when the contract is made Correct Answer Incorrect Answer
D the property in the good never passes to the buyer Correct Answer Incorrect Answer
E the property in the goods is always with the buyer Correct Answer Incorrect Answer

Solution

Section 20 Sales of Goods Act, 1930 of Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when the contract is made, and it is immaterial whether the time of payment of the price or the time of delivery of the goods, or both, is postponed.  

Practice Next
×
×