To Which One of the Following Contracts Would the Sale

question 27

Multiple Choice

To which one of the following contracts would the Sale of Goods Act apply?

• A) A contract for the sale and purchase of a farm
• B) A contract for the assignment of a company's accounts receivable
• C) A contract with an artist to have a portrait painted
• D) A contract in which one party gives an antique pin in exchange for the other party giving an antique cigar box
• E) A contract in which the seller sells a computer and ownership will transfer to the buyer at a specified future time

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Definitions:

Pay

Compensation or salary received by an employee in exchange for their labor or services provided to an employer.

Learning Opportunities

Situations or programs designed to facilitate the acquisition of knowledge, skills, and competencies in a specific area of interest.

Employee Hotline

A dedicated phone line or communication service set up by organizations for employees to report grievances, seek help, or provide anonymous feedback.

Non-Verbal Communication

The transmission of messages by some medium other than speech or writing.