Under the Sale of Goods Act, 1930, where there is an agreement to sell goods at a price to be fixed by…
The proviso to s.10(1) says that if the goods or any part of them have been delivered to and appropriated by the buyer, "he shall pay a reasonable price therefor", although…
Choose your answer
Under the Sale of Goods Act, 1930, where there is an agreement to sell goods at a price to be fixed by the valuation of a third party and the third party does not make the valuation, but the goods have been delivered to and appropriated by the buyer, he shall:
Answer and explanation
Correct answer C
The proviso to s.10(1) says that if the goods or any part of them have been delivered to and appropriated by the buyer, "he shall pay a reasonable price therefor", although the agreement is otherwise avoided. He cannot keep the goods without paying, and the market price on delivery is not the test.
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