Question 44
Law of ContractThe most important attributes in a sale of goods contract are
- A.offer and consideration
- B.price and goods
- C.offer and acceptance
- D.demand and supply
Show the answer and explanation
Answer: B (price and goods)
Explanation
A contract of sale of goods is one where the seller transfers goods to the buyer for money called the price. Without goods and a price there is no sale of goods.