Under the Sale of Goods Act, 1930, the subject-matter of a contract of sale may be:
Section 6(1) says the goods forming the subject of a contract of sale "may be either existing goods, owned or possessed by the seller, or future goods". Goods the seller…
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Under the Sale of Goods Act, 1930, the subject-matter of a contract of sale may be:
Answer and explanation
Correct answer C
Section 6(1) says the goods forming the subject of a contract of sale "may be either existing goods, owned or possessed by the seller, or future goods". Goods the seller merely possesses, and unascertained goods, may also be sold.
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