Multiple choice

The rule stated under Section 26 of the Sale of Goods Act, 1930 is subject to _________ exceptions.

  1. 1

  2. 2

  3. 3

  4. 4
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Section 26 of the Sale of Goods Act, 1930 (condition that ownership transfers when goods are ascertained) is subject to 2 main exceptions. First, when there's a contract for unascertained goods where property transfers immediately. Second, by the parties' agreement - they can contract out of this rule. These are the recognized statutory exceptions.

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