- 1 Marks
Question
In Sale of Goods Act, goods include the following EXCEPT
A. Ships
B. Aeroplanes
C. Tubers of yam
D. Chattels
E. Money
Answer
E. Money
Explanation:
The answer is E because under the Sale of Goods Act, “goods” typically refer to tangible movable items, such as ships, aeroplanes, tubers of yam, and chattels. However, money is excluded from the definition of goods because it is a medium of exchange rather than an item to be sold or purchased as “goods” under the Act.
- Tags: Goods Definition, Legal Exemptions, Sale of Goods Act
- Level: Level 1
- Topic: Sale of Goods
- Series: NOV 2014
- Uploader: Dotse