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In a sale of specific or ascertained goods the property in the goods passes to the buyer:
- a)When the parties intend it to pass
- b)When the price is paid
- c)When the goods are delivered
- d)All of the above
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
In a sale of specific or ascertained goods the property in the goods p...
Explanation:
In a sale of specific or ascertained goods, the property in the goods passes to the buyer when the parties intend it to pass. This means that the transfer of ownership of the goods from the seller to the buyer depends on the intention of the parties involved in the transaction.
The following factors may indicate the intention of the parties:
1. Agreement between the parties: The parties may explicitly state when the ownership of the goods will pass from the seller to the buyer.
2. Conduct of the parties: The conduct of the parties before, during, and after the sale may indicate their intention regarding the transfer of ownership.
3. Goods in possession of a third party: If the goods are in the possession of a third party, the intention of the parties may be to transfer ownership when the goods are delivered to the buyer.
4. Delivery terms: The delivery terms agreed upon by the parties may indicate their intention regarding the transfer of ownership.
Conclusion:
Therefore, in a sale of specific or ascertained goods, the passing of property depends on the intention of the parties involved. This is in contrast to a sale of unascertained goods where the property passes when the goods are identified.
In a sale of specific or ascertained goods, the property in the goods passes to the buyer when the parties intend it to pass. This means that the transfer of ownership of the goods from the seller to the buyer depends on the intention of the parties involved in the transaction.
The following factors may indicate the intention of the parties:
1. Agreement between the parties: The parties may explicitly state when the ownership of the goods will pass from the seller to the buyer.
2. Conduct of the parties: The conduct of the parties before, during, and after the sale may indicate their intention regarding the transfer of ownership.
3. Goods in possession of a third party: If the goods are in the possession of a third party, the intention of the parties may be to transfer ownership when the goods are delivered to the buyer.
4. Delivery terms: The delivery terms agreed upon by the parties may indicate their intention regarding the transfer of ownership.
Conclusion:
Therefore, in a sale of specific or ascertained goods, the passing of property depends on the intention of the parties involved. This is in contrast to a sale of unascertained goods where the property passes when the goods are identified.
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In a sale of specific or ascertained goods the property in the goods p...
Because ascertained goods are selected by the buyer and seller is not responsible for wrong selection is done while purchasing
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In a sale of specific or ascertained goods the property in the goods passes to the buyer:a)When the parties intend it to passb)When the price is paidc)When the goods are deliveredd)All of the aboveCorrect answer is option 'A'. Can you explain this answer?
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