Under the Sale of Goods Act, 1930, "Price" means:
Section2(10) makes price the money consideration for a sale of goods. Consideration consisting solely of other goods is barter rather than a sale for a money price. The…
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Under the Sale of Goods Act, 1930, "Price" means:
Answer and explanation
Correct answer B
Section2(10) makes price the money consideration for a sale of goods. Consideration consisting solely of other goods is barter rather than a sale for a money price. The agreed price need not equal market value or production cost; mixed transactions depend on their actual terms.
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