Sale Of Goods Act - Study Mode
[#176] In ship building contracts, if the ship is to be paid for by instalments, property in the ship passes
Correct Answer
(C) On payment of the first instalment
[#177] Section 20 of the Sale of Goods Act, 1930 provides for, passing of property in goods where
Correct Answer
(A) There is an unconditional contract for the sale of specific goods in a deliverable state
[#178] Under section 50 of the Sale of Goods Act, 1930, right of stoppage in transit is available to the unpaid seller
Correct Answer
(B) Where the buyer has become insolvent
[#179] Ascertained goods for the purposes of Sale of Goods Act, 1930, means
Correct Answer
(B) Goods identified in accordance with the agreement after the contract of sale is made
[#180] Unpaid seller's right to stoppage in transit comes into existence, as provided under Section 50 of the Sale of Goods Act, 1930, when the seller
Correct Answer
(B) Has parted with the goods but the buyer has not yet obtained the possession of the goods