alleryStart learning →An agreement to sell becomes a sale when:
AThe goods are first inspected
BTime elapses or conditions are met
CThe price is first quoted
DA deed in writing is signed
Answer & Solution
Correct answer: B. Time elapses or conditions are met
Once the stated time passes or the condition is met, ownership passes and the agreement becomes a sale.
Keep practising Sale of Goods Act: Formation of the Contract
Browse all Sale of Goods Act: Formation of the Contract questions for CA Foundation, or explore more Businesslaw topics.
Related questions
The Indian Sale of Goods Act, 1930 borrowed heavily from which law?In a sale by sample, the bulk must correspond with the sample in:In a sale by sample, the buyer is impliedly entitled to:A contract is a sale by sample when it has:An express warranty or condition, as to implied ones:An implied condition about quality or fitness may be annexed by:An implied condition of merchantable quality applies if goods are bought from a seller whoAn implied condition of fitness arises when the buyer: