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What is the primary consideration required for a contract of sale of goods?
What is the primary consideration required for a contract of sale of goods?
- Transfer of property for a money consideration (correct)
- Mere transfer of possession
- Transfer of goods for a service
- Donation of goods without payment
What type of contract is characterized by the transfer of property in goods from the seller to the buyer at the time of the agreement?
What type of contract is characterized by the transfer of property in goods from the seller to the buyer at the time of the agreement?
- Sale (correct)
- Agreement to sell
- Contract of service
- Bailment
What is the key distinction between a 'sale' and an 'agreement to sell' in the SGA 1979?
What is the key distinction between a 'sale' and an 'agreement to sell' in the SGA 1979?
- The method of payment
- The price of the goods
- The type of goods being sold
- The time when property in the goods is transferred (correct)
What is the definition of a contract of sale of goods in s.2(1) of the SGA 1979?
What is the definition of a contract of sale of goods in s.2(1) of the SGA 1979?
What type of contract does not fulfill the definition of a contract of sale of goods within the SGA 1979?
What type of contract does not fulfill the definition of a contract of sale of goods within the SGA 1979?
Why is a transfer of mere possession not sufficient for a contract of sale of goods?
Why is a transfer of mere possession not sufficient for a contract of sale of goods?
What are 'things in action'?
What are 'things in action'?
What is the purpose of distinguishing between a 'sale' and an 'agreement to sell' in the SGA 1979?
What is the purpose of distinguishing between a 'sale' and an 'agreement to sell' in the SGA 1979?
Why are 'things in action' so called?
Why are 'things in action' so called?
Which of the following would be an example of unascertained goods?
Which of the following would be an example of unascertained goods?
What is the condition for property in unascertained goods to pass to the buyer?
What is the condition for property in unascertained goods to pass to the buyer?
What is the key difference between 'things in possession' and 'things in action'?
What is the key difference between 'things in possession' and 'things in action'?
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