Question

According to Sale of Goods Act, 1930, which of the following is false about contract of sale?

Q: Answer-According to Sale of Goods Act, 1930, which of the following is false about contract of sale?

Section 4 of Sale of Goods Act, 19301 A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. 2 A contract of sale may be absolute or conditional. 3 Where under a contract of sale the property in the goods is transferred from the seller to the buyer, the contract is called a sale, but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled, the contract is called an agreement to sell. 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.

A A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price

B A contract of sale may be absolute or conditional

C The transfer of the property in the goods takes place at a future time or subject to some condition thereafter to be fulfilled

D 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

E The property in the goods is transferred from the seller to the buyer

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