Multiple choice

Under the Sale of Goods Act, 1930 the term 'goods' means every kind of the movable property and it includes

  1. stock and share

  2. growing crops and grass

  3. both (1) and (2)

  4. none of these

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

The Sale of Goods Act defines 'goods' as every kind of movable property (Section 2(7)). This includes stock-in-trade (goods held for sale) and shares, as well as growing crops and grass (which become movable when severed from land). The definition is broad and encompasses all movables used in transactions.