Where under a contract of sale the property in the goods is transferred from the seller to the buyer,…
Under s.4 of the Sale of Goods Act, 1930 the "Contract of agreement to sell is conditional.", because the property is to pass at a future time or on fulfilment of a…
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Where under a contract of sale the property in the goods is transferred from the seller to the buyer, the contract is called a sale, but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled, the contract is called an agreement to sell. Read above statement and find correct answer, using codes given below:
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Correct answer B
Under s.4 of the Sale of Goods Act, 1930 the "Contract of agreement to sell is conditional.", because the property is to pass at a future time or on fulfilment of a condition, whereas in a sale property passes at once.
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