Which of the following is/are 'goods' according to Sale of Goods Act, 1930?
Section 2(7) of the Sale of Goods Act defines goods as every kind of movable property other than actionable claims and money, and expressly includes stock and shares.…
Choose your answer
Which of the following is/are 'goods' according to Sale of Goods Act, 1930?
Answer and explanation
Correct answer C
Section 2(7) of the Sale of Goods Act defines goods as every kind of movable property other than actionable claims and money, and expressly includes stock and shares. Actionable claims and money are therefore excluded, so "Stocks and Shares" is the only listed item that counts as goods.
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