CA Foundation Exam > CA Foundation Questions > Which of the following modes of delivery of g...
Start Learning for Free
Which of the following modes of delivery of goods is considered effective for a valid contract of sale?
- a)Actual Delivery
- b)Symbolic Delivery
- c)Constructive Delivery
- d)All of these
Correct answer is option 'D'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Which of the following modes of delivery of goods is considered effect...
Modes of Delivery of Goods in a Valid Contract of Sale
There are three modes of delivery of goods that are considered effective for a valid contract of sale. These are:
1. Actual Delivery: This mode of delivery involves the physical transfer of goods from the seller to the buyer. The buyer takes possession of the goods and assumes the risk of loss or damage to the goods from that point forward.
2. Symbolic Delivery: Symbolic delivery involves the delivery of something that represents the goods being sold. For example, if the goods being sold are stored in a warehouse, the seller may hand over the keys to the warehouse to the buyer, which represents the transfer of ownership of the goods.
3. Constructive Delivery: This mode of delivery involves the transfer of documents that represent the goods being sold. For example, if the goods being sold are stored in a warehouse, the seller may transfer the warehouse receipts to the buyer, which represent the ownership of the goods.
All of these modes of delivery are considered effective for a valid contract of sale. However, it is important to note that the specific mode of delivery should be agreed upon by both the buyer and the seller and should be clearly stated in the contract of sale.
Conclusion
In conclusion, the modes of delivery of goods in a valid contract of sale include actual delivery, symbolic delivery, and constructive delivery. These modes of delivery should be agreed upon by both the buyer and the seller and should be clearly stated in the contract of sale.
There are three modes of delivery of goods that are considered effective for a valid contract of sale. These are:
1. Actual Delivery: This mode of delivery involves the physical transfer of goods from the seller to the buyer. The buyer takes possession of the goods and assumes the risk of loss or damage to the goods from that point forward.
2. Symbolic Delivery: Symbolic delivery involves the delivery of something that represents the goods being sold. For example, if the goods being sold are stored in a warehouse, the seller may hand over the keys to the warehouse to the buyer, which represents the transfer of ownership of the goods.
3. Constructive Delivery: This mode of delivery involves the transfer of documents that represent the goods being sold. For example, if the goods being sold are stored in a warehouse, the seller may transfer the warehouse receipts to the buyer, which represent the ownership of the goods.
All of these modes of delivery are considered effective for a valid contract of sale. However, it is important to note that the specific mode of delivery should be agreed upon by both the buyer and the seller and should be clearly stated in the contract of sale.
Conclusion
In conclusion, the modes of delivery of goods in a valid contract of sale include actual delivery, symbolic delivery, and constructive delivery. These modes of delivery should be agreed upon by both the buyer and the seller and should be clearly stated in the contract of sale.
Free Test
FREE
| Start Free Test |
Community Answer
Which of the following modes of delivery of goods is considered effect...
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer?
Question Description
Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. 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 Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. 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 Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer?.
Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. 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 Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. 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 Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option '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 Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which of the following modes of delivery of goods is considered effective for a valid contract of sale?a)Actual Deliveryb)Symbolic Deliveryc)Constructive Deliveryd)All of theseCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
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!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup