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Business Studies

Ways of Consumer Protection

In an Agreeme...

Question

In an Agreement to Sell, the property in goods is transferred in ________.

A

past

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B

present

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C

future

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D

there is no transfer of property at all

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Solution

The correct option is B present
When under a contract, the property in goods is transferred from the seller to the buyer, contract is called an agreement to sell. In an Agreement to Sell, the property in goods is transferred in present.

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Q. PRINCIPLE: Under the Transfer of Property Act, 1882 a property must be transformed by one living person to another living person. The Act deals only with transfer of property between living persons.
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Q. For transfer of property in ascertained goods, the basic condition is that ______.

Q. DIRECTIONS: (Qs. 92-97)Given below/ a statement of principle followed by a failual situation. Apply the principle to the faile given below and dselect the most appropriate answer
Principle Under the Transfer of Property Act, 1882 a property must be transferred , by one living person to another living person. The Act deals only with transfer of property between living persons.
Facts 'X' wants to transfer his property to the presiding deity in a temple situated within the estate of 'A'.

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