Multiple choice

The prominent part in the definition of contract of sale is transfer of property in goods for a price. In this context, property means both the general property in goods and a special property.

  1. True

  2. False

  3. Partly true

  4. Cannot say

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

In the Sale of Goods Act, 'property' refers to general ownership (right to full ownership and possession) and can also refer to special property (limited interest in goods). The definition of sale centers on transferring this property interest for a price.