Which of the following is not a necessary ingredient of contract of sale?
"offer", "acceptance" and "consideration" (price) are essential to a contract of sale, but "simultaneous delivery of goods and payment for goods" is not a necessary…
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Which of the following is not a necessary ingredient of contract of sale?
Answer and explanation
Correct answer A
"offer", "acceptance" and "consideration" (price) are essential to a contract of sale, but "simultaneous delivery of goods and payment for goods" is not a necessary ingredient, since section 32 of the Sale of Goods Act makes delivery and payment concurrent only unless otherwise agreed.
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