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Law · Q415

Sale Of Goods Act

Graduate and Post Graduate · Law · question 415

Q415

In an agreement to sell the goods on the terms that the price is to be fixed by the valuation of a third party but such third party fails to make the valuation, then

A.
The valuation may be made by the seller
B.
The valuation may be made by the buyer
C.
The valuation may be made jointly by the buyer and the seller
D.
The buyer and the seller cannot make the valuation and the contract becomes void
Answer

Answer: Option D

Solution

Answer: Option D
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