Multiple choice

Contract of sale may be either absolute or conditional

  1. True

  2. False

  3. Partly true

  4. Cannot say
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A contract of sale can be either absolute or conditional. An absolute sale transfers ownership immediately without any conditions attached, while a conditional sale makes the transfer of property dependent on some specified condition being fulfilled. This distinction is fundamental in sales law - for example, a sale on approval is conditional, whereas a regular cash sale is absolute.

Keep practicing — related questions