Multiple choice

According to the Sale of Goods Act, sale is

  1. the transfer of ownership as well as possession of goods from seller to buyer for a price

  2. only the transfer of possession of goods from seller to buyer for a price

  3. only the transfer of ownership of goods from seller to buyer without a price

  4. none of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The sale is transfer of ownership as well as possession of goods from the seller to buyer for a price. The buyer has to pay a price to the seller for the goods received by him.

Keep practicing — related questions