- 1 Marks
BCL – L1 – SA – Q54 – Contract Law
Question
Sale of goods for cash is an example of
A mutual and independent promises
B mutual and dependent promises
C mutual and concurrent promises
D conditional and dependent promises
Answer
C
Explanation:
The correct answer is C because, in a sale of goods for cash, the promises to deliver the goods and pay the cash are mutual and concurrent, meaning both parties are expected to perform simultaneously (delivery and payment). Option A implies independent obligations, B suggests one depends on the other, and D involves conditional performance, none of which fit a cash sale.
- Tags: Cash Transactions, Contract Law, Mutual Promises, Sale of Goods
- Level: Level 1
- Topic: Contract Law
- Uploader: Samuel Duah