According to the Competition Act 2002, which of the following is not included in the definition of…
According to Section 2(i) of the Competition Act, 2002, 'Goods' means goods as defined in the Sale of Goods Act, 1930 and includes products manufactured, processed or mined,…
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According to the Competition Act 2002, which of the following is not included in the definition of 'Goods' ?
Answer and explanation
Correct answer C
According to Section 2(i) of the Competition Act, 2002, 'Goods' means goods as defined in the Sale of Goods Act, 1930 and includes products manufactured, processed or mined, and debentures, stocks, and shares after allotment. Therefore, shares before allotment are not included in 'Goods'.
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