Multiple choice

In case of sale

  1. property in goods passes to the buyer

  2. risk in goods passes to the buyer

  3. both (1) and (2)

  4. none
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A Correct answer
Explanation

In a SALE (as opposed to an agreement to sell), property in goods passes to the buyer immediately. Risk may or may not pass simultaneously depending on terms. The question correctly identifies that property passage is the essential characteristic of a completed sale.

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