The sales code defines a sale as a transaction involving the passing of what from seller to buyer for a price?
AThe trolley
BThe timetable
CThe trademark
DThe title
Answer & Solution
Correct answer: D. The title
1. Possession alone is not the legal test.
2. Ownership must move across for a price.
3. What passes is the title to the goods.
_Source: OpenStax Business Law I Essentials 2e, Chapters 7 and 8, Contract Law and Sales Contracts._
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