- 1 Marks
Question
12. A contract of sale of goods in which property in the goods is transferred immediately and unconditionally is a/an
A. Outright sale
B. Conditional sale
C. Credit sale
D. Hire purchase
E. Consumer sale
Answer
A
Explanation:
An outright sale involves an immediate and unconditional transfer of property in goods from the seller to the buyer, unlike conditional or credit sales, where transfer may be deferred.
- Tags: Contract Types, Outright Sale, Property Transfer, Sale of Goods
- Level: Level 1
- Topic: Sale of Goods
- Series: NOV 2020
- Uploader: Dotse