Multiple choice

In _____________, the ownership of goods is yet to pass from the seller to the buyer.

  1. agreement to sell

  2. contract of sale

  3. contract of future goods

  4. contract of specific goods
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Where under a contract of sale the property in the goods is transferred from the seller to the buyer, the contract is called a sale, but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled, the contract is called an agreement to sell. Thus, option 1 is the correct answer.

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