Q. A sale is a ______________ contract
✅ Correct Answer: (B)
Executed
Business Regulatory Framework MCQs and Notes
Q. Transfer or agree to transfer the _____________ of the goods is the purpose of sale of goods Act
✅ Correct Answer: (B)
Possession
Q. A consideration in contract of sale must be ______________ only
✅ Correct Answer: (C)
price
Q. The subject matter of the contract must necessarily be _____________
✅ Correct Answer: (A)
Sale
Q. The goods must be ________ goods for transferring the property in the goods
✅ Correct Answer: (A)
Ascertained
Q. As per Sale of goods Act Movable goods does not include
✅ Correct Answer: (D)
Money
Q. Which of the following is not a subject matter in a Sale of goods Act
✅ Correct Answer: (C)
Money
Q. In Agreement to sell the transfer of property in goods from the seller to the buyer takes place
✅ Correct Answer: (C)
In a future Date
Q. In sale the transfer of property in goods from the seller to the buyer takes place
✅ Correct Answer: (D)
Both a&b
Q. Sale under Sale of goods Act is a/an ____________________ contract
✅ Correct Answer: (C)
Executed