5 Questions
What is the nature of contract in a sale?
Executed contract
In a sale, who bears the burden of risk in case of destruction of goods?
Buyer
What type of contract is an agreement to sell?
Executory contract
What are the remedies for breach in an agreement to sell?
Seller can sue for damages only
Can the seller resell the goods in a sale?
The seller may resell the goods with certain conditions
Test your knowledge of the Sales of Goods Act and its essential elements with this quiz capsule designed for CA Foundation exam preparation. The quiz covers topics such as contract of sale, transfer of property, and modes of contract.
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