Asked by
Mason Super
on Nov 10, 2024Verified
Which of the following statements is correct with respect to the Sale of Goods Act?
A) The parties are restricted to contract out of any of the terms of the Sale of Goods Act.
B) Some of the terms of the Sale of Goods Act are implied in the contract of sale.
C) The terms included in the Sale of Goods Act override the terms agreed upon by the parties to such a sale of goods.
D) The Sale of Goods Act does apply to the sale of land.
E) The Sale of Goods Act does apply to the assignment of a contractual claim.
Implied Terms
Provisions not expressly stated in a contract but assumed to exist based on the nature of the agreement and the parties' intentions.
Contractual Claim
A contractual claim arises when one party alleges that another has failed to fulfill their obligations under a contract.
- Assess the automatic conditions and warranties provided by the Sale of Goods Act.
Verified Answer
JG
Learning Objectives
- Assess the automatic conditions and warranties provided by the Sale of Goods Act.