Question: Only T or F, without explaining ASAP 1. The transfer of the title and possession of the goods in exchange for money must be intended

Only T or F, without explaining ASAP

1.

The transfer of the title and possession of the goods in exchange for money must be intended or anticipated for the Sale of Goods Act to apply.

True

False

2.

An agreement to sell involves a contract to sell goods where the actual title will transfer sometime in the future.

True

False

3.

Quiet possession of the goods means that the goods must be of merchantable quality and free from any inherent defect.

True

False

4.

When the sale of goods is involved and a specific price has not been agreed upon, a reasonable price must be paid.

True

False

5.

A warranty under the Sale of Goods Act is a condition the breach of which will allow the victim of the breach to refuse to go through with their side of the agreement.

True

False

6.

Consumer protection legislation falls exclusively under federal jurisdiction.

True

False

7.

The purpose of the federal Competition Act is to prevent competition among retailers.

True

False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!