How does section 11 of the Sale of Goods Act, 1930, treat stipulations about time?
Section 11 presumes that time of payment is not essential unless the contract shows a different intention. For other time stipulations, the contract’s terms determine…
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How does section 11 of the Sale of Goods Act, 1930, treat stipulations about time?
Answer and explanation
Correct answer B
Section 11 presumes that time of payment is not essential unless the contract shows a different intention. For other time stipulations, the contract’s terms determine whether time is essential.
Option feedback
Option A
Section 11 sets the opposite default for time of payment.
Option B
Section 11 presumes that time of payment is not essential unless the contract shows a different intention. For other time stipulations, the contract’s terms determine whether time is essential.
Option C
The terms can make time of payment essential. The terms also determine whether a delivery stipulation is essential.
Option D
Specifying a date does not by itself settle the statutory question of whether a stipulation is essential.
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