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    Question

    How is a contract of sale made according to the Sale of Goods Act, 1930?

    A By an offer to buy or sell goods for a price and the acceptance of such offer Correct Answer Incorrect Answer
    B The contract may provide for the immediate delivery of the goods or immediate payment of the price or both Correct Answer Incorrect Answer
    C The contract shall not provide for the delivery or payment by instalments Correct Answer Incorrect Answer
    D All a b & c Correct Answer Incorrect Answer
    E Both a & b Correct Answer Incorrect Answer

    Solution

    Section 5 of Sale of Goods Act, 1930 1) A contract of sale is made by an offer to buy or sell goods for a price and the acceptance of such offer. The contract may provide for the immediate delivery of the goods or immediate payment of the price or both, or for the delivery or payment by instalments, or that the delivery or payment or both shall be postponed. (2) Subject to the provisions of any law for the time being in force, a contract of sale may be made in writing or by word of mouth, or partly in writing and partly by word of mouth or may be implied from the conduct of the parties.

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