CA Foundation Exam > CA Foundation Questions > When the seller delivers goods to the buyer a...
Start Learning for Free
When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:
- a)The buyer signifies his approval to the seller
- b)The buyer does any act adopting does any act adopting the transaction
- c)The buyer retains the goods beyond the stipulated period
- d)All of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
When the seller delivers goods to the buyer an approval basis, the pro...
- In a sale on approval or "sale or return" basis, the buyer evaluates goods before deciding to purchase.
- The property in the goods passes to the buyer in the following scenarios:
- A: When the buyer explicitly approves the goods, showing intent to buy.
- B: When the buyer performs any action that implies acceptance of the transaction, like using or reselling the goods.
- C: When the buyer keeps the goods beyond the agreed review period without returning them.
- Therefore, the property passes under all these conditions, making D: All of the above the correct answer.
- The property in the goods passes to the buyer in the following scenarios:
- A: When the buyer explicitly approves the goods, showing intent to buy.
- B: When the buyer performs any action that implies acceptance of the transaction, like using or reselling the goods.
- C: When the buyer keeps the goods beyond the agreed review period without returning them.
- Therefore, the property passes under all these conditions, making D: All of the above the correct answer.
Free Test
FREE
| Start Free Test |
Community Answer
When the seller delivers goods to the buyer an approval basis, the pro...
I think the answer should be D and not C
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. 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 When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. 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 When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. Can you explain this answer?.
When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. 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 When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. 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 When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. Can you explain this answer?.
Solutions for When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. 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 When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:a)The buyer signifies his approval to the sellerb)The buyer does any act adopting does any act adopting the transactionc)The buyer retains the goods beyond the stipulated periodd)All of the aboveCorrect answer is option 'C'. 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