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

Question

Quizplus · Accepted Answer

The Sale of Goods Act applies to contracts where goods are sold and ownership is transferred from the seller to the buyer, either immediately or at a specified future time. A computer is considered goods, and the condition of transferring ownership at a future time fits within the scope of the Sale of Goods Act.

To Which One of the Following Contracts Would the Sale