- 1 Marks
Question
Property in unascertained goods passes when the goods are
A. Produced
B. Ascertained
C. In the warehouse
D. Packaged
E. In transit
Answer
B
Explanation:
The correct answer is B. Ascertained. Under the Sale of Goods Act, property in unascertained goods does not pass to the buyer until the goods are ascertained. This means that the specific goods must be identified and agreed upon before the property can transfer from the seller to the buyer. This ensures that the buyer gains legal ownership only after the goods have been clearly designated.
- Tags: Sale of Goods, Transfer of Property
- Level: Level 1
- Topic: Sale of Goods
- Series: MAY 2018
- Uploader: Theophilus