Multiple choice

As per the Sale of Goods Act, 1930, ‘goods’ include

I. existing goods II. future goods III. contingent goods IV. actionable claims

  1. I, II and III

  2. II, III and IV

  3. I, II and IV

  4. I, II, III and IV
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A Correct answer
Explanation

According to Section 2(7) of the Sale of Goods Act, “goods” means every kind of movable property other than actionable claims and money and includes stock and shares, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale.

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