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A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?
- a)No, goods are not in a deliverable state
- b)Yes, goods are in a deliverable state
- c)No, B has not taken the delivery
- d)None of the above
Correct answer is 'C'. Can you explain this answer?
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A contracts to sell to B all the oil to be produced from groundnut har...
's farm for the next five years. The contract specifies the quantity of oil to be delivered each year and the price per unit. This type of contract is known as a "output contract" because it obligates A to sell all of the oil produced from the groundnut harvest to B. However, A is not obligated to produce a minimum quantity of oil, which means that if A's harvest is poor, B may not receive the full quantity of oil specified in the contract. A's obligation is limited to using reasonable efforts to produce as much oil as possible. This type of contract is commonly used in the agricultural industry to provide certainty to buyers about future supply and pricing.
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A contracts to sell to B all the oil to be produced from groundnut har...
It is specific good that WAS not in deliverable state directly. after ascertainment buyer need to be contacted.... The buyer is not yet bought to notice about the goods.. that it is in deliverable state... so the property in goods hasn't passed yet.
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A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer?
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A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer?.
A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer?.
Solutions for A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Here you can find the meaning of A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer?, a detailed solution for A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? has been provided alongside types of A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?a)No, goods are not in a deliverable stateb)Yes, goods are in a deliverable statec)No, B has not taken the deliveryd)None of the aboveCorrect answer is 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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