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Commerce · Q323

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 323

Q323

When does the property in the goods pass to the buyer in case of an unconditional contract for the sale of specific goods in a deliverable state:

A.
When the contract is made irrespective of whether the time of payment of price or delivery of goods is postponed or not
Answer
B.
When the party Intends to transfer
C.
At the time of the payment of the price of goods
D.
At the time of delivery of goods

Answer: Option A

Solution

Answer: Option A
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