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Legislation in the Marketplace Quiz

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Questions and Answers

What type of goods does the Sale of Goods Act apply to?

Only tangible moveable goods

Intangible goods

Tangible moveable goods sold for money (correct)

Only retail sales

When does the Sale of Goods Act apply?

When goods are transferred for free

When title will pass sometime in the future

Only in retail transactions

When title transfers at the time of the contract (correct)

What is the purpose of the Sale of Goods Act?

To imply missing terms into each contract (correct)

To outline the duties of sellers and buyers

To regulate securities

To control competition in the marketplace

What transactions does the Sale of Goods Act apply to?

All transactions involving goods Signup and view all the answers

What type of goods does the Sale of Goods Act apply to?

Only tangible moveable goods Signup and view all the answers

What type of goods does the Sale of Goods Act apply to?

Tangible moveable goods Signup and view all the answers

When does the Sale of Goods Act apply?

When goods are transferred or sold Signup and view all the answers

What is the purpose of the Sale of Goods Act?

To imply missing terms into contracts for the sale of goods Signup and view all the answers

Under what conditions does the Sale of Goods Act apply?

When title will transfer at the time of the contract or in the future Signup and view all the answers

What is the scope of the Sale of Goods Act?

All transactions where goods are sold Signup and view all the answers

Legislation in the Marketplace Quiz

Choose a study mode

Podcast

Questions and Answers

What type of goods does the Sale of Goods Act apply to?

When does the Sale of Goods Act apply?

What is the purpose of the Sale of Goods Act?

What transactions does the Sale of Goods Act apply to?

What type of goods does the Sale of Goods Act apply to?

What type of goods does the Sale of Goods Act apply to?

When does the Sale of Goods Act apply?

What is the purpose of the Sale of Goods Act?

Under what conditions does the Sale of Goods Act apply?

What is the scope of the Sale of Goods Act?

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