Multiple choice

Which of the following is/are not essential for a contract of sale?

  1. Two parties

  2. Price

  3. Goods

  4. Partnership

  5. Delivery of goods
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

It is the agreement between two or more parties to accomplish any project for purpose of sharing profits. It is not essential to a valid contract of sale.

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