New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    Where there is an unconditional contract for the sale of

    specific goods in a deliverable state, the property in the goods passes to the buyer ……….
    A when the contract is made, if there is no postponement of delivery of goods Correct Answer Incorrect Answer
    B when the price is paid Correct Answer Incorrect Answer
    C when the goods are delivered Correct Answer Incorrect Answer
    D when the contract is made Correct Answer Incorrect Answer
    E when the payment is made, once the delivery of goods is postponed Correct Answer Incorrect Answer

    Solution

    Section 20 of Sale of Goods Act 1930 Specific goods in a deliverable state— Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when the contract is made, and it is immaterial whether the time of payment of the price or the time of delivery of the goods, or both, is postponed

    Practice Next

    Relevant for Exams: