Indian Sale of Goods Act
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Questions and Answers

According to the Indian Sale of Goods Act, 1930, what does a Contract of Sale include?

  • An offer to buy for a price
  • An offer to sell goods for a price
  • The acceptance of such offer
  • All of the above (correct)
  • When did the Indian Sale of Goods Act, 1930 come into existence?

  • 1 July 1930 (correct)
  • 23 September 1963
  • 23 September 1930
  • 1 July 1893
  • When was the Indian Sale of Goods Act, 1930 amended and renamed?

  • 1 July 1893
  • 1 July 1930
  • 23 September 1963 (correct)
  • 23 September 1930
  • What was the original name of the Indian Sale of Goods Act, 1930?

    <p>United Kingdom's Sale of Goods Act, 1893</p> Signup and view all the answers

    Where is the Indian Sale of Goods Act, 1930 applicable?

    <p>India</p> Signup and view all the answers

    Study Notes

    Indian Sale of Goods Act, 1930

    • A Contract of Sale includes an agreement to sell, and a sale, which involves the transfer of ownership of goods from the seller to the buyer.

    Enactment and Amendments

    • The Indian Sale of Goods Act, 1930 came into existence on July 1, 1930.
    • The Act was amended and renamed as the Sale of Goods Act, 1930 in 1963.

    Original Name and Applicability

    • The original name of the Act was the Sale of Goods Act, 1930.
    • The Indian Sale of Goods Act, 1930 is applicable in the whole of India, except the state of Jammu and Kashmir.

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    Description

    Quiz: Test your knowledge on the Indian Sale of Goods Act, 1930 Are you familiar with the Indian Sale of Goods Act, 1930? Take this quiz to assess your understanding of this mercantile law that governs contracts for the transfer of goods in India. Test your knowledge on key provisions, rights and obligations of buyers and sellers, and the applicability of the act across the country. Challenge yourself with this quiz and enhance your understanding of this important legislation.

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