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WAEC Commerce 2022 Question 40

Question 40

Law of Contract

The law by which a seller transfers the property in goods to a buyer at an agreed price is the

  1. A.Weights and Measures Act
  2. B.Trade Description Act
  3. C.Sale of Goods Act
  4. D.Foods and Drugs Act
Show the answer and explanation

Answer: C (Sale of Goods Act)

Explanation

The Sale of Goods Act governs contracts in which ownership of goods passes from seller to buyer for a price.