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If a seller handed over the keys of a warehouse containing the goods to the buyer, it results in
- a)constructive delivery
- b)actual delivery
- c)symbolic delivery
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
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If a seller handed over the keys of a warehouse containing the goods t...
Symbolic Delivery:
Symbolic delivery refers to the act of handing over something that represents the actual delivery of goods. In this case, when the seller hands over the keys of a warehouse containing the goods to the buyer, it is considered as symbolic delivery.
Explanation:
- When the keys of a warehouse containing goods are handed over to the buyer, it signifies that the buyer now has control and possession over the goods stored in the warehouse.
- The keys act as a symbol of transfer of ownership, even though the physical transfer of goods may not have taken place yet.
- Symbolic delivery is recognized as a valid form of delivery in certain situations, especially in cases where physical transfer of goods is not practical or feasible.
- It is important to note that symbolic delivery is legally recognized and can be used to establish the transfer of ownership from the seller to the buyer.
- In this scenario, the act of handing over the keys of the warehouse to the buyer represents symbolic delivery, signifying that the buyer now has the rights and responsibilities associated with the goods stored in the warehouse.
Therefore, in the given situation, when the seller hands over the keys of the warehouse to the buyer, it results in symbolic delivery.
Symbolic delivery refers to the act of handing over something that represents the actual delivery of goods. In this case, when the seller hands over the keys of a warehouse containing the goods to the buyer, it is considered as symbolic delivery.
Explanation:
- When the keys of a warehouse containing goods are handed over to the buyer, it signifies that the buyer now has control and possession over the goods stored in the warehouse.
- The keys act as a symbol of transfer of ownership, even though the physical transfer of goods may not have taken place yet.
- Symbolic delivery is recognized as a valid form of delivery in certain situations, especially in cases where physical transfer of goods is not practical or feasible.
- It is important to note that symbolic delivery is legally recognized and can be used to establish the transfer of ownership from the seller to the buyer.
- In this scenario, the act of handing over the keys of the warehouse to the buyer represents symbolic delivery, signifying that the buyer now has the rights and responsibilities associated with the goods stored in the warehouse.
Therefore, in the given situation, when the seller hands over the keys of the warehouse to the buyer, it results in symbolic delivery.
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If a seller handed over the keys of a warehouse containing the goods to the buyer, it results ina)constructive deliveryb)actual deliveryc)symbolic deliveryd)None of theseCorrect answer is option 'C'. Can you explain this answer?
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