alleryGoods whose acquisition by the seller depends on an uncertain contingency (Section 6(2)) are 'contingent goods', and such a contract operates as:
AA void agreement
BA present sale
CA bailment
DAn agreement to sell
Answer & Solution
Correct answer: D. An agreement to sell
Like future goods, contingent goods pass no property at the time of contract
the contract is an agreement to sell dependent on the contingency happening.
Keep practising Saleofgoods
Browse all Saleofgoods questions for CA Foundation, or explore more Businesslaw topics.
Related questions
CA Foundation · Businesslaw · Sale of Goods — Spot ErrorThe Sale of Goods Act, 1930 came into force on:Where gold is supplied to a goldsmith to make an ornament, or an artist is asked to paint In a hire-purchase agreement (as distinguished from a sale), the position of the hirer untWhen goods are pledged, the pawnee acquires a 'special property' while the pledgor retainsWhich of the following is a 'document of title to goods' under Section 2(4)?Where a warehouseman holding the seller's goods acknowledges to the buyer that he now holdHanding over the keys of a warehouse containing the goods to the buyer is an example of: