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Law · Q543

Sale Of Goods Act

Graduate and Post Graduate · Law · question 543

Q543

Where a party in whose favour the stipulations as to time in a contract of sale of goods operates, and waives the stipulations, then

A.
That party afterwards treat the failure to comply with them by the other party, as giving right to rescind the contract
B.
That party afterwards cannot treat the failure to comply with them by the other party, as giving right to rescind the contract
Answer
C.
That party afterwards may treat the failure to comply with them by the other party, as giving right to rescind the contract, even without giving any reasonable notice for restoration of the stipulations
D.
Only (A) and not (B) or (C)

Answer: Option B

Solution

Answer: Option B
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