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The keys of W...

Question

The keys of Warehouse where the goods are stored is handed over to the Buyer. It is called _________.

A

actual

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B

symbolic

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C

constructive

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D

conditional

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Solution

The correct option is B symbolic
Symbolic delivery refers to the type of delivery when goods are delivered by way of gift or sale as the actual delivery becomes cumbersome.The keys of Warehouse where the goods are stored is handed over to the Buyer. It is called symbolic.

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Q. Where Goods are bulky/heavy and it is not possible to physically hand over them to the Buyer, some symbol which carries with it the real possession or control over the Goods is handed over to the Buyer. This is a case of _______.

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Q. When goods are physically handed over to the Buyer or his authorised agent i.e., transfer of physical custody, it is a case of _______.

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