Examveda

Which of the following most appropriately describes the term 'sale' as per Sale of Goods Act, 1930?

A. A contract where by seller transfers the property in goods

B. A contract whereby seller transfers or agrees to transfer the property in goods to the buyer for a price

C. A contract where transfer of the property in goods is to take place at a future time

D. A contract where transfer of the property in goods is to take place subject to some condition thereafter to be fulfilled

Answer: Option B


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