In which form of the contract, the ownership passes to the buyer immediately?
A sale transfers ownership of the goods from the seller to the buyer under section 4 of the Sale of Goods Act, 1930. An agreement to sell postpones that transfer to a future…
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In which form of the contract, the ownership passes to the buyer immediately?
Answer and explanation
Correct answer C
A sale transfers ownership of the goods from the seller to the buyer under section 4 of the Sale of Goods Act, 1930. An agreement to sell postpones that transfer to a future time or the fulfilment of a condition.
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Jammu & Kashmir and Ladakh SET (JKSET/LASET)