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  • Legal and Regulatory Aspects of Bank - 1 (JAIIB)
  • __________ goods mean goods identified and agreed upon at...
Multiple choice

__________ goods mean goods identified and agreed upon at the time a contract of sale is made.

  1. Future

  2. Specific

  3. Movable

  4. Immovable

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

Under Sale of Goods Act, 1930, “specific goods” mean goods identified and agreed upon at the time a contract of sale is made.

Keep practicing — related questions

  • As per Sale of Goods Act, ____ goods mean the goods identified and agreed upon, at the time a contract of s...
  • As per Sale of Goods Act, _____ goods are those which are to be manufactured by the seller after making con...
  • Agreement to sell is in relation to ___________ goods.
  • Goods which are to be manufactured or produced or acquired by the seller after making the contract of sale ...
  • In _____________, the ownership of goods is yet to pass from the seller to the buyer.
  • Goods which are in existence at the time of the contract of sale are known as
  • The goods are subject matter of the contract of sale. The goods are movable goods only.
  • The goods are subject matter of the contract of sale. The goods are movable goods only.
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