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The Sale of Goods Act, 1930 applies to the sale of:a.Both tangible and intangible goodsb.Tangible goods onlyc.Intangible goods onlyd.Services

Question

The Sale of Goods Act, 1930 applies to the sale of:

  • a. Both tangible and intangible goods
  • b. Tangible goods only
  • c. Intangible goods only
  • d. Services
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Solution

Analyzing the Sale of Goods Act, 1930

  1. Understanding the Act: The Sale of Goods Act, 1930 is legislation that governs the sale of goods in India. Its provisions deal with the transfer of ownership, rights and duties of buyers and sellers, and other aspects related to tangible goods.

  2. Categorizing Goods:

    • a. Both tangible and intangible goods: This option suggests that the act applies to both physical items and non-physical items.
    • b. Tangible goods only: This option implies that the act only applies to physical, touchable items.
    • c. Intangible goods only: This option refers to non-physical items like intellectual property.
    • d. Services: This option denotes various forms of work provided for a fee.
  3. Relevant Concepts: The Sale of Goods Act specifically addresses "goods," which are defined as tangible property, including commodities and physical assets.

  4. Conclusion: The act does not cover services or intangible goods, focusing solely on physical items.

Final Answer

b. Tangible goods only

This problem has been solved

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As per the Sale of Goods Act , Discuss the Remedies available to buyers in case of breach of contract.

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