Under the Sale of Goods Act, 1930, where the seller sends a bill of exchange for the price with the…
Section 25(3) SOGA provides that where the buyer dishonours the bill of exchange yet wrongfully retains the bill of lading or railway receipt, property in the goods does not…
Choose your answer
Under the Sale of Goods Act, 1930, where the seller sends a bill of exchange for the price with the bill of lading or railway receipt, and the buyer does not honour the bill of exchange but wrongfully retains the bill of lading or railway receipt, property in the goods:
Answer and explanation
Correct answer B
Section 25(3) SOGA provides that where the buyer dishonours the bill of exchange yet wrongfully retains the bill of lading or railway receipt, property in the goods does not pass to him, rather than passing, being void, or merely suspended.
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