5 Questions
What is the Indian Sale of Goods Act, 1930?
The Indian Sale of Goods Act, 1930 is a mercantile law that regulates contracts where the seller transfers or agrees to transfer the title in the goods to the buyer for consideration. It is applicable all over India and was heavily influenced by the United Kingdom's Sale of Goods Act 1893.
When did the Indian Sale of Goods Act, 1930 come into existence?
The Indian Sale of Goods Act, 1930 came into existence on 1 July 1930, during the British Raj.
What are the key provisions of the Indian Sale of Goods Act, 1930?
The act provides for the setting up of contracts for the transfer of title in goods, requires goods to be sold for a certain price and at a given period of time, and has definitions related to contracts of sale.
When was the Indian Sale of Goods Act, 1930 amended and renamed?
The act was amended on 23 September 1963 and renamed to the Sale of Goods Act, 1930.
In which countries is the Sale of Goods Act, 1930 still in force?
The Sale of Goods Act, 1930 is still in force in India, after being amended in 1963, and in Bangladesh as the Sale of Goods Act, 1930 (Bangladesh)
Test your knowledge of the Indian Sale of Goods Act, 1930 with this quiz. Explore key concepts such as contracts, title transfer, and buyer-seller relationships. See how well you understand the provisions of this important mercantile law in India.
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