Multiple choice

The matter relating to passing of property in case of goods sent on approval or on sale or return basis is dealt in the Section _________ of The Sale of Goods Act, 1930.

  1. 25

  2. 26

  3. 24

  4. 20

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Section 24 of the Sale of Goods Act, 1930 deals with passing of property in goods sent on approval or 'on sale or return' basis. This section specifies that property passes to the buyer when he signifies approval or acceptance, or does any other act adopting the transaction, or retains the goods beyond the approved time. Options A, B, and D cite incorrect section numbers.