Business Studies, asked by Ashuvan9239, 10 months ago

Before the enactment of sale of goods act, the provisions regarding sale of goods were contained in

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Answered by pathakshaurya04
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The Indian Sale of Goods Act, 1930 is a Mercantile Law, which came into existence on 1 July 1930[1][2], during the British Raj, borrowing heavily from the Sale of Goods Act 1893. It provisions for the setting up of contracts where the seller transfers or agrees to transfer the title (ownership) in the goods to the buyer for consideration. It is applicable all over India, except Jammu and Kashmir. Under the act, goods sold from owner to buyer must be sold for a certain price and at a given period of time. The act was amended on 23 September 1963, and was renamed to the Sale of Goods Act, 1930. It is still in force in India, after being amended 1963 and in Bangladesh as the Sale of Goods Act, 1930 (Bangladesh)

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