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Law · Q526

Sale Of Goods Act

Graduate and Post Graduate · Law · question 526

Q526

In case of conditional payment through a negotiable instrument, under section 45 of the Sale of Goods Act, 1930, the seller is unpaid

A.
If the buyer fails to meet the bills at maturity
B.
If the buyer becomes insolvent during the currency of the bill
C.
Either (A) or (B)
Answer
D.
Only (A) and not (B)

Answer: Option C

Solution

Answer: Option C
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