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      Question

      According to Section 6 of Slae of Goods Act , which of the following correctly describes "existing goods" in a sale?

      A Goods that the seller intends to acquire in the future but does not currently own Correct Answer Incorrect Answer
      B Goods that are owned or possessed by the seller at the time of the sale Correct Answer Incorrect Answer
      C Goods that are to be manufactured or produced by the seller after the sale Correct Answer Incorrect Answer
      D Goods that have been sold but not yet delivered to the buyer Correct Answer Incorrect Answer
      E Goods that the seller is planning to sell in the future but has not yet possessed. Correct Answer Incorrect Answer

      Solution

      Sales of Goods Act: Section 6 Existing - are the goods which are owned or possessed by the seller at the time of the sale.

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