Multiple choice

Which of the following statements is not correct in the context of sale of goods?

  1. A contract of sale can be absolute.

  2. A contract of sale can be conditional.

  3. In absolute contract, there are no conditions to be fulfilled by the seller or buyer.

  4. In a conditional contract, the goods are transferred later but the sale takes place beforehand.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Conditional contract is an agreement that is enforceable only if another agreement is performed or if another specific condition is satisfied. A conditional contract is also termed as hypothetical contract.

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