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Commerce · Q817

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 817

Q817

Which of the following statements is not true in context of Sales of Goods Act, 1930?

A.
Specific Goods - goods that are 'identified and agreed upon' when the contract of sale is formed
B.
Ascertained Goods - defined by the judicial interpretation which have been selected from a larger set of goods
C.
Unascertained Goods - goods that have been specifically identified but have rather been left to be selected from a larger group
Answer
D.
Uncertain Goods - Goods which are not identified at the time of making the contract of sale are called uncertain Goods

Answer: Option C

Solution

Answer: Option C
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