Business transactions have been a process which has evolved over centuries. With this evolution of business has come the need for a system to govern it and to provide protection for both parties to the transaction. The Sale of Goods Act is the result of that need for a piece of legislation, the Act governs all business transactions, for both monetary and non-monetary reward.

Question

Quizplus · Accepted Answer

The Sale of Goods Act specifically governs transactions involving the sale of goods, but not all business transactions, especially those that do not involve the sale of goods or involve services.

Business Transactions Have Been a Process Which Has Evolved Over