CA Foundation Exam > CA Foundation Questions > Where by a contract of sale, the seller purpo...
Start Learning for Free
Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:
- a)Future sale of existing goods
- b)Present sale of existing goods
- c)Future sale of future goods
- d)Present sale of future goods
Correct answer is 'D'. Can you explain this answer?
Most Upvoted Answer
Where by a contract of sale, the seller purports to effect a …&...
SALE OF GOODS ACT:
Existing or future goods
(1) The goods that form the subject of a contract of sale may be either existing goods, owned or possessed by the seller, or future goods.
(2) There may be a contract for the sale of goods, the acquisition of which by the seller depends on a contingency that may or may not happen.
(3) If by a contract of sale the seller purports to effect a present sale of future goods, the contract operates as an agreement to sell the goods.
Free Test
FREE
| Start Free Test |
Community Answer
Where by a contract of sale, the seller purports to effect a …&...
Conditional sale, the ownership of the property in the goods does not pass to the buyer until the condition is fulfilled or the contingency happens. This means that the seller retains ownership of the goods until the buyer fulfills the condition or contingency. Once the condition is fulfilled or the contingency happens, ownership of the goods passes to the buyer. A conditional sale is often used in situations where the buyer cannot pay the full purchase price upfront, and the seller agrees to sell the goods on the condition that the buyer pays the amount owed in installments.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer?
Question Description
Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer?.
Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer?.
Solutions for Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer?, a detailed solution for Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? has been provided alongside types of Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell:a)Future sale of existing goodsb)Present sale of existing goodsc)Future sale of future goodsd)Present sale of future goodsCorrect answer is 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup