Multiple choice

In a contract of sale,

(a) the seller transfers property in goods to the buyer for a price (b) the seller agrees to transfer property in goods to the buyer for a price (c) when the goods are transferred from the seller to the buyer, the contract becomes a sale

  1. (a) and (c)<font size="2"> </font>are correct.

  2. (a) and (b) are correct.

  3. (b) and (c) are correct.

  4. All (a), (b) and (c) are correct.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Property means the general property in goods, and not merely a special property and seller means a person who sells or agrees to sell goods to the buyer for a price. When the goods are transferred from the seller to the buyer, the contract becomes a sale as "contract of sale" includes an agreement to sell as well as a sale. Thus, all the given statements are true.  

Keep practicing — related questions