Under the Sale of Goods Act, 1930, a contract of sale may exist between:
Section 4(1) provides that "there may be a contract of sale between one part-owner and another". Co-owners, individuals, firms and companies can all be parties; what matters…
Choose your answer
Under the Sale of Goods Act, 1930, a contract of sale may exist between:
Answer and explanation
Correct answer B
Section 4(1) provides that "there may be a contract of sale between one part-owner and another". Co-owners, individuals, firms and companies can all be parties; what matters is a transfer of property in goods for a price.
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