BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Definition of “goods” “Every kind of movable property other than actionable claims and money; and includes stock and shares, growing crops, grass, and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale.”

Detailed explanation-2: -(1) A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another.

Detailed explanation-3: -According to Section 14(a), in every contract of sale, unless the circumstances of the contract are such as to show a different intention, there is an implied condition on the part of the seller that, in the case of a sale, he has a right to sell the goods.

Detailed explanation-4: -Answer: The condition is defined in Section 4(3) of the Sale of Goods Act, 1930 as: “where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled, the contract is called an agreement to sell.”